Alabama Statutes
§ 10A-8A-4.07 — Distribution in Kind
Alabama § 10A-8A-4.07
JurisdictionAlabama
Title 10AAlabama Business and Nonprofit Entities Code
Ch. 8AAlabama Partnership Law
Art. 4Relations of Partners to Each Other and to Partnership
This text of Alabama § 10A-8A-4.07 (Distribution in Kind) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ala. Code § 10A-8A-4.07 (2026).
Text
A partner does not have a right to demand and receive a distribution from a partnership in any form other than money. Except as otherwise provided in Section 10A-8A-8.07, a partnership may distribute an asset in kind if each partner receives a percentage of the asset in proportion to the partner’s share of distributions.
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Legislative History
(Act 2018-125, §7.)
Nearby Sections
15
§ 10A-1-1.01
Short Title§ 10A-1-1.02
Applicability of Chapter§ 10A-1-1.03
Definitions§ 10A-1-1.04
Disinterested Person§ 10A-1-1.05
Conspicuous Information§ 10A-1-1.06
Synonymous Terms§ 10A-1-1.07
Signing of Document or Other Writing§ 10A-1-1.08
Short Titles§ 10A-1-1.09
Reference in Law to Statute Revised by Title§ 10A-1-1.10
Reservation of Power§ 10A-1-1.11
Law Governing Filing Entities§ 10A-1-1.12
Entities Not Formed by Filing Instrument§ 10A-1-1.13
Internal Affairs§ 10A-1-2.01
General Scope of Permissible Purposes§ 10A-1-2.02
Prohibited PurposesCite This Page — Counsel Stack
Bluebook (online)
Alabama § 10A-8A-4.07, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/10A-8A-4.07.