§ 7-12-17 - Partnership defined. - Rhode-island Statutes

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SECTION 7-12-17

§ 7-12-17 Partnership defined. – (a) A partnership is an association of two (2) or more persons to carry on asco-owners a business for profit, and includes a registered limited liabilitypartnership.

(b) Any association formed under any other statute of thisstate, or any statute adopted by authority, other than the authority of thestate, is not a partnership under §§ 7-12-12 – 7-12-59, unlessthe association would have been a partnership in this state prior to May 6,1957; but §§ 7-12-12 – 7-12-59 apply to limited partnershipsexcept insofar as the statutes relating to partnerships are inconsistent withthese provisions.

State Codes and Statutes

Statutes > Rhode-island > Title-7 > Chapter-7-12 > 7-12-17

SECTION 7-12-17

§ 7-12-17 Partnership defined. – (a) A partnership is an association of two (2) or more persons to carry on asco-owners a business for profit, and includes a registered limited liabilitypartnership.

(b) Any association formed under any other statute of thisstate, or any statute adopted by authority, other than the authority of thestate, is not a partnership under §§ 7-12-12 – 7-12-59, unlessthe association would have been a partnership in this state prior to May 6,1957; but §§ 7-12-12 – 7-12-59 apply to limited partnershipsexcept insofar as the statutes relating to partnerships are inconsistent withthese provisions.

State Codes and Statutes

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State Codes and Statutes

Statutes > Rhode-island > Title-7 > Chapter-7-12 > 7-12-17

SECTION 7-12-17

§ 7-12-17 Partnership defined. – (a) A partnership is an association of two (2) or more persons to carry on asco-owners a business for profit, and includes a registered limited liabilitypartnership.

(b) Any association formed under any other statute of thisstate, or any statute adopted by authority, other than the authority of thestate, is not a partnership under §§ 7-12-12 – 7-12-59, unlessthe association would have been a partnership in this state prior to May 6,1957; but §§ 7-12-12 – 7-12-59 apply to limited partnershipsexcept insofar as the statutes relating to partnerships are inconsistent withthese provisions.