Statutes > Alabama Statutes > Title 10 — CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS. > Chapter 8A — UNIFORM PARTNERSHIP ACT (1996) > Section 10-8A-203 Partnership property.

Section 10-8A-203 Partnership property.

Section 10-8A-203

Partnership property.

Property acquired by a partnership is property of the partnership and not of the partners individually.

(Acts 1996, No. 96-528, p. 685, §1.)