Rhode Island General Laws
Chapter 7-12 - Partnerships
Section 7-12-17. - Partnership defined. [Repealed effective January 1, 2023.]

§ 7-12-17. Partnership defined. [Repealed effective January 1, 2023.]
(a) A partnership is an association of two (2) or more persons to carry on as co-owners a business for profit, and includes a registered limited-liability partnership.
(b) Any association formed under any other statute of this state, or any statute adopted by authority, other than the authority of the state, is not a partnership under §§ 7-12-12 — 7-12-59, unless the association would have been a partnership in this state prior to May 6, 1957; but §§ 7-12-12 — 7-12-59 apply to limited partnerships except insofar as the statutes relating to partnerships are inconsistent with these provisions.
History of Section.R.P.L. 1957, ch. 74, § 6; P.L. 1996, ch. 270, § 1; P.L. 1998, ch. 235, § 1.
§ 7-12-17. [Repealed effective January 1, 2023.]
History of Section.R.P.L. 1957, ch. 74, § 6; P.L. 1996, ch. 270, § 1; P.L. 1998, ch. 235, § 1; repealed by P.L. 2022, ch. 123, § 1, effective January 1, 2023; repealed by P.L. 2022, ch. 124, § 1, effective January 1, 2023.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 7 - Corporations, Associations and Partnerships

Chapter 7-12 - Partnerships

Section 7-12-1. - Provisions in partnership agreements deemed nontestamentary.

Section 7-12-2. - Death of partner — Statement delivered to administrator or executor.

Section 7-12-3. - Examination of books and property by representative of deceased partner.

Section 7-12-4. - Separate composition with creditors on dissolution of partnership.

Section 7-12-5. - Separate composition as full discharge of partner.

Section 7-12-6. - Payment by partner in excess of his or her proportion.

Section 7-12-7. - Insolvency or absconding of partner.

Section 7-12-8. - Memorandum exonerating partner on separate composition.

Section 7-12-9. - Partners not discharged by separate composition — Defenses to creditor’s action.

Section 7-12-10. - Application to joint debtors.

Section 7-12-11. - Limited partnership law unaffected.

Section 7-12-12. - Short title. [Repealed effective January 1, 2023.]

Section 7-12-13. - Definitions. [Repealed effective January 1, 2023.]

Section 7-12-14. - Interpretation of knowledge and notice. [Repealed effective January 1, 2023.]

Section 7-12-15. - Rules of construction. [Repealed effective January 1, 2023.]

Section 7-12-16. - Rules for cases not provided for. [Repealed effective January 1, 2023.]

Section 7-12-17. - Partnership defined. [Repealed effective January 1, 2023.]

Section 7-12-18. - Rules for determining the existence of a partnership. [Repealed effective January 1, 2023.]

Section 7-12-19. - Partnership property. [Repealed effective January 1, 2023.]

Section 7-12-20. - Partner agent of partnership as to partnership business. [Repealed effective January 1, 2023.]

Section 7-12-21. - Conveyance of real property of the partnership. [Repealed effective January 1, 2023.]

Section 7-12-22. - Partnership bound by admission of partner. [Repealed effective January 1, 2023.]

Section 7-12-23. - Partnership charged with knowledge of or notice to partner. [Repealed effective January 1, 2023.]

Section 7-12-24. - Partnership bound by partner’s wrongful act. [Repealed effective January 1, 2023.]

Section 7-12-25. - Partnership bound by partner’s breach of trust. [Repealed effective January 1, 2023.]

Section 7-12-26. - Nature of partner’s liability. [Repealed effective January 1, 2023.]

Section 7-12-27. - Partner by estoppel. [Repealed effective January 1, 2023.]

Section 7-12-28. - Liability of incoming partner. [Repealed effective January 1, 2023.]

Section 7-12-29. - Rules determining rights and duties of partners. [Repealed effective January 1, 2023.]

Section 7-12-30. - Partnership books. [Repealed effective January 1, 2023.]

Section 7-12-31. - Duty of partners to render information. [Repealed effective January 1, 2023.]

Section 7-12-31.1. - Nature of business.

Section 7-12-32. - Partner accountable as a fiduciary. [Repealed effective January 1, 2023.]

Section 7-12-33. - Right to an account. [Repealed effective January 1, 2023.]

Section 7-12-34. - Continuation of partnership beyond fixed term. [Repealed effective January 1, 2023.]

Section 7-12-35. - Extent of property rights of a partner. [Repealed effective January 1, 2023.]

Section 7-12-36. - Nature of a partner’s right in specific partnership property. [Repealed effective January 1, 2023.]

Section 7-12-37. - Nature of partner’s interest in the partnership. [Repealed effective January 1, 2023.]

Section 7-12-38. - Assignment of partner’s interest. [Repealed effective January 1, 2023.]

Section 7-12-39. - Partner’s interest subject to charging order. [Repealed effective January 1, 2023.]

Section 7-12-40. - Dissolution defined. [Repealed effective January 1, 2023.]

Section 7-12-41. - Partnership not terminated by dissolution. [Repealed effective January 1, 2023.]

Section 7-12-42. - Causes of dissolution. [Repealed effective January 1, 2023.]

Section 7-12-43. - Dissolution by decree of court. [Repealed effective January 1, 2023.]

Section 7-12-44. - General effect of dissolution on authority of partner. [Repealed effective January 1, 2023.]

Section 7-12-45. - Right of partner to contribution from copartners after dissolution. [Repealed effective January 1, 2023.]

Section 7-12-46. - Power of partner to bind partnership to third persons after dissolution. [Repealed effective January 1, 2023.]

Section 7-12-47. - Effect of dissolution on partner’s existing liability. [Repealed effective January 1, 2023.]

Section 7-12-48. - Right to wind up. [Repealed effective January 1, 2023.]

Section 7-12-49. - Rights of partners to application of partnership property. [Repealed effective January 1, 2023.]

Section 7-12-50. - Rights where partnership is dissolved for fraud or misrepresentation. [Repealed effective January 1, 2023.]

Section 7-12-51. - Rules for distribution. [Repealed effective January 1, 2023.]

Section 7-12-52. - Liability of persons continuing the business in certain cases. [Repealed effective January 1, 2023.]

Section 7-12-53. - Rights of retiring or estate of deceased partner when the business is continued. [Repealed effective January 1, 2023.]

Section 7-12-54. - Accrual of actions. [Repealed effective January 1, 2023.]

Section 7-12-55. - Other laws preserved. [Repealed effective January 1, 2023.]

Section 7-12-56. - Registered limited-liability partnerships. [Repealed effective January 1, 2023.]

Section 7-12-57. - Name of registered limited-liability partnerships. [Repealed effective January 1, 2023.]

Section 7-12-58. - Insurance or financial responsibility of registered limited-liability partnerships. [Repealed effective January 1, 2023.]

Section 7-12-59. - Applicability to foreign and interstate commerce. [Repealed effective January 1, 2023.]

Section 7-12-60. - Filing of returns with the tax administrator — Annual charge.