Alabama Updates its
Unincorporated Business Entity Laws
Alabama has adopted significant
amendments to its General Partnership Law, its Limited Liability Company Act,
its Limited Partnership Law and its law governing Unincorporated Nonprofit Associations.
Signed by Alabama’s governor on
February 22, 2018, the new laws are effective January 1, 2019.
This new legislation is set
forth in H.B. 72, and has been identified as Act 2018-125.
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