(a) Each general partner is an agent of the limited partnership for the purposes of its activities and affairs. An act of a general partner, including the signing of a writing in the partnership's name, for apparently carrying on in the ordinary course the limited partnership's activities and affairs or activities and affairs of the kind carried on by the limited partnership binds the limited partnership, unless the general partner did not have authority to act for the limited partnership in the particular matter and the person with which the general partner was dealing knew, had received a notification, or had notice under Section 10A-9A-1.03(d) that the general partner lacked authority.
(b) An act of a general partner which is not apparently for carrying on in the ordinary course the limited partnership's activities and affairs or activities and affairs of the kind carried on by the limited partnership binds the limited partnership only if the act was actually authorized by all the other partners.
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.