Sections
Article 1 Formation and Conversion to Limited Partnership 32.11.010 – 32.11.090
Article 2 Limited Partners 32.11.100 – 32.11.140
Article 3 General Partners 32.11.150 – 32.11.190
Article 4 Contributions; Allocation of Profits, Losses, and Distributions 32.11.200 – 32.11.230
Article 5 Distributions, Withdrawal, and Return of Contribution 32.11.240 – 32.11.310
Article 6 Nature of and Assignment of Partnership Interests 32.11.320 – 32.11.360
Article 7 Dissolution 32.11.370 – 32.11.400
Article 8 Foreign Limited Partnerships 32.11.410 – 32.11.480
Article 9 Derivative Actions 32.11.490 – 32.11.520
Article 10 General Provisions 32.11.800 – 32.11.990

Terms Used In Alaska Statutes > Chapter 11

  • action: includes any matter or proceeding in a court, civil or criminal. See Alaska Statutes 01.10.060
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • board: means the state Board of Education and Early Development. See Alaska Statutes 14.60.010
  • certificate of limited partnership: means the certificate referred to in AS 32. See Alaska Statutes 32.11.900
  • commissioner: means the commissioner of education and early development. See Alaska Statutes 14.60.010
  • Contract: A legal written agreement that becomes binding when signed.
  • contribution: means cash, property, services rendered, or a promissory note or other binding obligation to contribute cash or property or to perform services, that a partner contributes to a limited partnership as a partner. See Alaska Statutes 32.11.900
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • department: means the Department of Commerce, Community, and Economic Development. See Alaska Statutes 32.11.900
  • department: means the Department of Education and Early Development. See Alaska Statutes 14.60.010
  • event of withdrawal of a general partner: means an event that causes a person to cease to be a general partner under AS 32. See Alaska Statutes 32.11.900
  • foreign limited partnership: means a partnership formed under the laws of a state other than this state and having as partners one or more general partners and one or more limited partners. See Alaska Statutes 32.11.900
  • general partner: means a person who has been admitted to a limited partnership as a general partner in accordance with the partnership agreement and named in the certificate of limited partnership as a general partner. See Alaska Statutes 32.11.900
  • governing body: means the school board of a borough or city school district or a regional educational attendance area. See Alaska Statutes 14.60.010
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • limited partner: means a person who has been admitted to a limited partnership as a limited partner in accordance with the partnership agreement. See Alaska Statutes 32.11.900
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • partner: means a limited or general partner. See Alaska Statutes 32.11.900
  • 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.
  • partnership agreement: means a valid agreement, written or oral, of the partners as to the affairs of a limited partnership and the conduct of its business. See Alaska Statutes 32.11.900
  • partnership interest: means a partner?s share of the profits and losses of a limited partnership and the right to receive distributions of partnership assets. See Alaska Statutes 32.11.900
  • person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • property: includes real and personal property. See Alaska Statutes 01.10.060
  • Service of process: The service of writs or summonses to the appropriate party.
  • state: means a state, territory, or possession of the United States, District of Columbia, or Commonwealth of Puerto Rico. See Alaska Statutes 32.11.900
  • state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.
  • writing: includes printing. See Alaska Statutes 01.10.060