Alabama § 10A-9A-8.04 Power of General Partner and Person Dissociated as General Partner to Bind Partnership After Dissolution

Alabama Statutes

§ 10A-9A-8.04 — Power of General Partner and Person Dissociated as General Partner to Bind Partnership After Dissolution

Alabama § 10A-9A-8.04

Title 10AAlabama Business and Nonprofit Entities Code

Ch. 9AAlabama Limited Partnership Law

Art. 8Dissolution and Winding Up

This text of Alabama § 10A-9A-8.04 (Power of General Partner and Person Dissociated as General Partner to Bind Partnership After Dissolution) 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-9A-8.04 (2026).

Text

(a)A limited partnership is bound by a general partner’s act after dissolution which:

(1)is appropriate for winding up the limited partnership’s activities and affairs; or

(2)would have bound the limited partnership under Section 10A-9A-4.02 before dissolution, if, at the time the other party enters into the transaction, the other party does not have notice of the dissolution.

(b)A person dissociated as a general partner binds a limited partnership through an act occurring after dissolution only if:

(1)at the time the other party enters into the transaction the other party does not have notice of the dissociation and reasonably believes that the person is a general partner; and

(2)the act:

(A)is appropriate for winding up the limited partnership’s activities and affairs; or

(B)woul

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(a) A limited partnership is bound by a general partner’s act after dissolution which:
(1) is appropriate for winding up the limited partnership’s activities and affairs; or
(2) would have bound the limited partnership under Section 10A-9A-4.02 before dissolution, if, at the time the other party enters into the transaction, the other party does not have notice of the dissolution.
(b) A person dissociated as a general partner binds a limited partnership through an act occurring after dissolution only if:
(1) at the time the other party enters into the transaction the other party does not have notice of the dissociation and reasonably believes that the person is a general partner; and
(2) the act:
(A) is appropriate for winding up the limited partnership’s activities and affairs; or
(B) would have bound the limited partnership under Section 10A-9A-4.02 before dissolution and at the time the other party enters into the transaction the other party does not have notice of the dissolution.