Alabama Code 22-6-91. Definitions
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For purposes of this article, the following words shall have the following meanings:
Terms Used In Alabama Code 22-6-91
- 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.
- state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1