Alabama § 10A-9A-3.01 - Admission of Limited Partner.
Full text of Alabama Code of Alabama § 10A-9A-3.01 — Admission of Limited Partner., with citation guidance and answers to common questions.
§ 10A-9A-3.01. Admission of Limited Partner.
(a) The initial limited partner or limited partners of a limited partnership are admitted as a limited partner or limited partners upon the formation of the limited partnership.
(b) After formation, a person is admitted as a limited partner of the limited partnership:
(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(d) or (e).
(c) A person may be admitted as a limited partner without:
(1) acquiring a transferable interest; or
(2) making or being obligated to make a contribution to the limited partnership.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 10A-9A-3.01
What does Code of Alabama § 10A-9A-3.01 cover?
Section 10A-9A-3.01 ("Admission of Limited Partner.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 10A-9A-3.01?
A common citation format is "Code of Alabama § 10A-9A-3.01" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 10A-9A-3.01 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.