Ala. Code § 10A-8A-1.09 (2026) – Partnership Agreement; Effect on Partnership and Persons Admitted as Partners. | Midpage
§ 10A-8A-1.09
Ala. Code § 10A-8A-1.09 (2026)
Partnership Agreement; Effect on Partnership and Persons Admitted as Partners.
(Act 2018-125, §7.)
(a) A partnership is bound by and may enforce the partnership agreement, whether or not the partnership has itself manifested assent to the partnership agreement.
(b) A person that is admitted as a partner of a partnership becomes a party to and assents to the partnership agreement except as provided in Section 10A-8A-5.02(g).
(c) Two or more persons intending to be the initial partners of a partnership may make an agreement providing that upon the formation of the partnership, the agreement will become the partnership agreement.