Alabama Code 20-1-140. Definitions
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For the purposes of this article, the following words shall have the following meanings unless the context clearly indicates otherwise.
Terms Used In Alabama Code 20-1-140
- following: means next after. See Alabama Code 1-1-1
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: includes a corporation as well as a natural person. See Alabama Code 1-1-1