Title 31: PARTNERSHIPS AND ASSOCIATIONS

Chapter 17: UNIFORM PARTNERSHIP ACT

Subchapter 2: NATURE OF PARTNERSHIP

§1021. Partnership as entity

1.  Distinct from partners.  A partnership is an entity distinct from its partners.  

[PL 2005, c. 543, Pt. A, §2 (NEW).]

2.  Limited liability partnership.  A limited liability partnership continues to be the same entity that existed before the filing of a statement of qualification under section 821.  

[PL 2005, c. 543, Pt. A, §2 (NEW).]

SECTION HISTORY

PL 2005, c. 543, §A2 (NEW).