§ 7-12.1-106. Partnership agreement — Effect on partnership and person becoming partner — Preformation agreement. [Effective January 1, 2023.]
(a) A partnership is bound by and may enforce the partnership agreement, whether or not the partnership has itself manifested assent to the agreement.
(b) A person that becomes a partner is deemed to assent to the partnership agreement.
(c) Two (2) or more persons intending to become the initial partners of a partnership may make an agreement providing that upon the formation of the partnership the agreement will become the partnership agreement.
History of Section.P.L. 2022, ch. 123, § 2, effective January 1, 2023; P.L. 2022, ch. 124, § 2, effective January 1, 2023.
Structure Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-12.1 - Uniform Partnership Act [Effective January 1, 2023.]
Article 1 - General Provisions [Effective January 1, 2023.]
Section 7-12.1-101. - Short title. [Effective January 1, 2023.]
Section 7-12.1-102. - Definitions. [Effective January 1, 2023.]
Section 7-12.1-103. - Knowledge; Notice. [Effective January 1, 2023.]
Section 7-12.1-104. - Governing law. [Effective January 1, 2023.]
Section 7-12.1-110. - Application to existing relationships. [Effective January 1, 2023.]
Section 7-12.1-111. - Delivery of record. [Effective January 1, 2023.]
Section 7-12.1-112. - Signing and filing pursuant to judicial order. [Effective January 1, 2023.]
Section 7-12.1-113. - Filing requirements. [Effective January 1, 2023.]
Section 7-12.1-114. - Effective date and time. [Effective January 1, 2023.]
Section 7-12.1-115. - Withdrawal of filed record before effectiveness. [Effective January 1, 2023.]
Section 7-12.1-116. - Correcting filed record. [Effective January 1, 2023.]
Section 7-12.1-118. - Reservation of power to amend or repeal. [Effective January 1, 2023.]
Section 7-12.1-119. - Supplemental principles of law. [Effective January 1, 2023.]