Code of Alabama
Ala. Code § 10-8-103 (2026)
(Repealed Effective January 1, 2001) Rights of Retiring Partners or Estate of Deceased Partners.
✓ official Alabama Legislature (ALISON) text, current July 2026
Repealed by Acts 1996, No. 96-528, p. 685, §1, effective January 1, 2001.
(Acts 1971, No. 1513, p. 2609, §42.)
Notes of Decisions
Cited in 4
cases, 1983–2001 · leading case: Horton v. Kimbrell, 819 So. 2d 601 (Ala. 2001).
Horton v. Kimbrell, 819 So. 2d 601 (Ala. 2001). “" § 10-8-103 (emphasis added). The "interest" of a partner "consists of rights against the other partners to share in profits, participate in management, and receive the benefit of their services.”
Adderhold v. Adderhold, 426 So. 2d 457 (Ala. Civ. App. 1983). “Code § 10-8-1 to § 10-8-103 (1975). Under the Alabama Partnership Act, a partnership is defined as an "association of two or more persons to carry on as co-owners a business for profit.”
Reed v. Crow, 496 So. 2d 15 (Ala. 1986). “Reed mistakenly relies on § 10-8-103, which clearly applies to "rights of retiring partners or estate of deceased partners.”
Martin v. Tolson, 562 So. 2d 217 (Ala. 1990). “They cite for support Ala.Code 1975, § 10-8-103, which provides: “When any partner retires or dies, and the business is continued under any of the conditions set forth in subsections (a), (b), (c), (e) and (f) of section 10-8-102, or subdivision (b)(2) of section 10-8-97,…”
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