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Codified Laws
48 PARTNERSHIPS
TITLE 48

PARTNERSHIPS

Chapter

01.     Definitions And General Provisions [Repealed]
02.     Agency And Liability Of Partners [Repealed]
03.     Relations Between Partners [Repealed]
04.     Partnership Property And Partnership Rights [Repealed]
05.     Dissolution Of Partnerships [Repealed]
06.     Limited Partnerships [Repealed]
07.     Uniform Limited Partnership Act
07A.     Uniform Partnership Act



48-1 DEFINITIONS AND GENERAL PROVISIONS [REPEALED]
CHAPTER 48-1

DEFINITIONS AND GENERAL PROVISIONS [REPEALED]

48-1-1 to 48-1-18. Repealed.



48-2 AGENCY AND LIABILITY OF PARTNERS [REPEALED]
CHAPTER 48-2

AGENCY AND LIABILITY OF PARTNERS [REPEALED]

48-2-1 to 48-2-19. Repealed.



48-3 RELATIONS BETWEEN PARTNERS [REPEALED]
CHAPTER 48-3

RELATIONS BETWEEN PARTNERS [REPEALED]

48-3-1 to 48-3-16. Repealed.



48-4 PARTNERSHIP PROPERTY AND PARTNERSHIP RIGHTS [REPEALED]
CHAPTER 48-4

PARTNERSHIP PROPERTY AND PARTNERSHIP RIGHTS [REPEALED]

48-4-1 to 48-4-22. Repealed.



48-5 DISSOLUTION OF PARTNERSHIPS [REPEALED]
CHAPTER 48-5

DISSOLUTION OF PARTNERSHIPS [REPEALED]

48-5-1 to 48-5-56. Repealed.



48-6 LIMITED PARTNERSHIPS [REPEALED]
CHAPTER 48-6

LIMITED PARTNERSHIPS [REPEALED]

[Repealed by SL 1986, ch 391, § 1104]



48-7 UNIFORM LIMITED PARTNERSHIP ACT
CHAPTER 48-7

UNIFORM LIMITED PARTNERSHIP ACT

48-7-101      Definitions.
48-7-102      Name.
48-7-103      Reservation of name.
48-7-104      Specified office and agent.
48-7-105      Records to be kept.
48-7-106      Nature of business.
48-7-107      Business transactions of partner with partnership.
48-7-108 to 48-7-111. Repealed.
48-7-201      Content and filing of certificate.
48-7-202      Amendment to certificate.
48-7-203      Cancellation of certificate.
48-7-204      Execution of certificates.
48-7-205      Execution by judicial act.
48-7-206      Filing in Office of Secretary of State.
48-7-206.1      Filing fee.
48-7-206.2      Effect of filing.
48-7-207      Liability for false statement in certificate.
48-7-208      Scope of notice.
48-7-209      Delivery of certificates to limited partners.
48-7-210      Filing exact copy of pre-1987 documents.
48-7-301      Admission of limited partners.
48-7-302      Voting.
48-7-303      Liability to third persons.
48-7-304      Person erroneously believing himself limited partner.
48-7-305      Information.
48-7-401      Admission of additional general partners.
48-7-402      Events of withdrawal.
48-7-403      General powers and liabilities.
48-7-404      Contributions by general partner.
48-7-405      Voting.
48-7-406      Restrictions on corporate general partner.
48-7-407      Registration of foreign corporate general partner.
48-7-501      Form of contribution.
48-7-502      Liability for contribution.
48-7-503      Sharing of profits and losses.
48-7-504      Sharing of distributions.
48-7-601      Interim distributions.
48-7-602      Withdrawal of general partner.
48-7-603      Withdrawal of limited partner.
48-7-604      Distribution upon withdrawal.
48-7-605      Distribution in kind.
48-7-606      Right to distribution.
48-7-607      Limitations on distribution.
48-7-608      Liability upon return of contribution.
48-7-701      Nature of partnership interest.
48-7-702      Assignment of partnership interest.
48-7-703      Rights of judgment creditor--Exclusive remedy.


48-7-704      Right of assignee to become limited partner.
48-7-705      Power of estate of deceased or incompetent partner.
48-7-801      Nonjudicial dissolution.
48-7-802      Judicial dissolution.
48-7-803      Winding up.
48-7-804      Distribution of assets.
48-7-901      Law governing.
48-7-902      Registration.
48-7-903      Issuance of registration.
48-7-904      Name.
48-7-905      Changes and amendments.
48-7-906      Cancellation of registration.
48-7-907      Transacting of business without registration.
48-7-908      Action by attorney general.
48-7-1001      Right of action.
48-7-1002      Proper plaintiff.
48-7-1003      Pleading.
48-7-1004      Expenses.
48-7-1101      Construction and application.
48-7-1102      Short title.
48-7-1103      Severability.
48-7-1104      Effective date, extended effective date, and repeal.
48-7-1105      Rules for cases not provided for in this chapter.
48-7-1106      Becoming a limited liability limited partnership--Entity not changed--Applicability of subsections 48-7A-306(a) and 48-7A-307(b).



48-7A UNIFORM PARTNERSHIP ACT
CHAPTER 48-7A

UNIFORM PARTNERSHIP ACT

ARTICLE I. GENERAL PROVISIONS.

48-7A-101      Definitions.
48-7A-102      Knowledge and notice.
48-7A-103      Effect of partnership agreement, nonwaivable provisions.
48-7A-104      Supplemental principles of law.
48-7A-105      Execution, filing, and recording of statements.
48-7A-106      Governing law.
48-7A-107      Partnership subject to amendment or repeal of act.

ARTICLE II. NATURE OF PARTNERSHIP.

48-7A-201      Partnership as entity.
48-7A-202      Formation of partnership.
48-7A-203      Partnership property.
48-7A-204      When property is partnership property.
ARTICLE III. RELATIONS OF PARTNERS TO PERSONS DEALING WITH
PARTNERSHIP.
48-7A-301      Partner agent of partnership.
48-7A-302      Transfer of partnership property.
48-7A-303      Statement of partnership authority.
48-7A-304      Statement of denial.
48-7A-305      Partnership liable for partner's actionable conduct.
48-7A-306      Partner's liability.
48-7A-307      Actions by and against partnership and partners.
48-7A-308      Liability of purported partner.
ARTICLE IV. RELATIONS OF PARTNERS TO EACH OTHER AND TO PARTNERSHIP.

48-7A-401      Partner's rights and duties.
48-7A-402      Distributions in kind.
48-7A-403      Partner's rights and duties with respect to information.
48-7A-404      General standards of partner's conduct.
48-7A-405      Actions by partnership and partners.
48-7A-406      Continuation of partnership beyond definite term or particular undertaking.
ARTICLE V. TRANSFEREES AND CREDITORS OF PARTNER.

48-7A-501      Partner not co-owner of partnership property.
48-7A-502      Partner's transferable interest in partnership.
48-7A-503      Transfer of partner's transferable interest.
48-7A-504      Partner's transferable interest subject to charging order.
48-7A-505      Satisfaction of judgment out of judgment debtor's transferable interest in limited liability partnership.
ARTICLE VI. PARTNER'S DISSOCIATION.

48-7A-601      Events causing partner's dissociation.
48-7A-602      Partner's power to dissociate; wrongful dissociation.
48-7A-603      Effect of partner's dissociation.
ARTICLE VII. PARTNER'S DISSOCIATION WHEN BUSINESS NOT WOUND UP.

48-7A-701      Purchase of dissociated partner's interest.
48-7A-702      Dissociated partner's power to bind and liability to partnership.
48-7A-703      Dissociated partner's liability to other persons.
48-7A-704      Statement of dissociation.
48-7A-705      Continued use of partnership name.
ARTICLE VIII. WINDING UP PARTNERSHIP BUSINESS.

48-7A-801      Events causing dissolution and winding up of partnership business.
48-7A-802      Partnership continues after dissolution.
48-7A-803      Right to wind up partnership business.
48-7A-804      Partner's power to bind partnership after dissolution.
48-7A-805      Statement of dissolution.
48-7A-806      Partner's liability to other partners after dissolution.
48-7A-807      Settlement of accounts and contributions among partners.
ARTICLE IX. CONVERSIONS AND MERGERS.

48-7A-901      Definitions.
48-7A-902      Conversion of partnership to limited partnership.
48-7A-903      Conversion of limited partnership to partnership.
48-7A-904      Effect of conversion; entity unchanged.
48-7A-905      Merger of partnerships.
48-7A-906      Effect of merger.
48-7A-907      Statement of merger.
48-7A-908      Nonexclusive.
ARTICLE X. LIMITED LIABILITY PARTNERSHIP.

48-7A-1001      Statement of qualification.
48-7A-1001.1      Amendment of statement of qualification--Contents.
48-7A-1001.2      Cancellation of statement of qualification--Contents.
48-7A-1002      Name.
48-7A-1003      Annual report.
48-7A-1004      Eligibility to practice in limited liability partnership.
48-7A-1004.1      Revocable trust as shareholder--Conditions.
ARTICLE XI. FOREIGN LIMITED PARTNERSHIP.

48-7A-1101      Law governing foreign limited liability partnership.
48-7A-1102      Statement of foreign qualification.
48-7A-1102.1      Amendment of statement of foreign qualification--Contents.
48-7A-1102.2      Cancellation of statement of foreign qualification--Contents.
48-7A-1103      Effect of failure to qualify.
48-7A-1104      Activities not constituting transacting business.
48-7A-1105      Action by attorney general.
ARTICLE XII. MISCELLANEOUS PROVISIONS.

48-7A-1201      Uniformity of application and construction.
48-7A-1202      Short title.
48-7A-1203      Severability clause.
48-7A-1204, 48-7A-1205. Reserved.
48-7A-1206      Applicability.
48-7A-1207      Savings clause.
48-7A-1208      Filing fees.