(a) Upon formation of a limited partnership, a person is admitted as a general partner as agreed among the persons that are to be the initial partners.
(b) After formation of a limited partnership, a person is admitted as a general partner:
(1) as provided in the partnership agreement;
(2) as the result of a transaction effective under Article 10 of this chapter or Article 8 of Chapter 1;
(3) with the consent of all the partners; or
(4) as provided in Section 10A-9A-8.01(c) or (e).
(c) A person may be admitted as a general partner without:
(1) acquiring a transferable interest; or
(2) making or being obligated to make a contribution to the partnership.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 9A - Alabama Limited Partnership Law.
Section 10A-9A-4.01 - Admission of General Partner.
Section 10A-9A-4.02 - General Partner Agent of Limited Partnership.
Section 10A-9A-4.03 - Limited Partnership Liable for General Partner's Actionable Conduct.
Section 10A-9A-4.04 - General Partner's Liability.
Section 10A-9A-4.05 - Actions by and Against Partnership and Partners.
Section 10A-9A-4.06 - Management Rights of General Partner.
Section 10A-9A-4.07 - Right of General Partner and Former General Partner to Information.
Section 10A-9A-4.08 - General Standards of General Partner's Conduct.