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Ala. Code § 10A-8A-2.04

Partnership Property.

Known as the Alabama Business and Nonprofit Entity Code

The act spans §§ 10A-1-1.01 to 10A-9A-9.09 (1,341 sections).

(Act 2018-125, §7.)

Property acquired by a partnership is property of the partnership and not of the partners individually.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.