Section 10-9C-105 (Effective January 1, 2010) Powers. - Alabama Statutes

Section 10-9C-105

(Effective January 1, 2010) Powers.

A limited partnership has the powers to do all things necessary or convenient to carry on its activities, including the power to sue, be sued, and defend in its own name and to maintain an action against a partner for harm caused to the limited partnership by a breach of the partnership agreement or violation of a duty to the partnership.

(Act 2009-621, §1.)