State Codes and Statutes

Statutes > Georgia > Title-14 > Chapter-8 > 14-8-38-1

O.C.G.A. 14-8-38.1 (2010)
14-8-38.1. Vesting of property of dissolved partnership in partnership continuing business


When a partnership is dissolved for any reason, either pursuant to the provisions of this chapter or the partnership agreement or otherwise, and the business is continued as a partnership, the title to any real property or other property vested in such dissolved partnership shall, by operation of law, be vested in the partnership continuing the business without reversion or impairment and without further act or deed or other instrument of transfer or conveyance.

State Codes and Statutes

Statutes > Georgia > Title-14 > Chapter-8 > 14-8-38-1

O.C.G.A. 14-8-38.1 (2010)
14-8-38.1. Vesting of property of dissolved partnership in partnership continuing business


When a partnership is dissolved for any reason, either pursuant to the provisions of this chapter or the partnership agreement or otherwise, and the business is continued as a partnership, the title to any real property or other property vested in such dissolved partnership shall, by operation of law, be vested in the partnership continuing the business without reversion or impairment and without further act or deed or other instrument of transfer or conveyance.

State Codes and Statutes

State Codes and Statutes

Statutes > Georgia > Title-14 > Chapter-8 > 14-8-38-1

O.C.G.A. 14-8-38.1 (2010)
14-8-38.1. Vesting of property of dissolved partnership in partnership continuing business


When a partnership is dissolved for any reason, either pursuant to the provisions of this chapter or the partnership agreement or otherwise, and the business is continued as a partnership, the title to any real property or other property vested in such dissolved partnership shall, by operation of law, be vested in the partnership continuing the business without reversion or impairment and without further act or deed or other instrument of transfer or conveyance.