§ 7-12.1-203. Partnership property. [Effective January 1, 2023.]
Property acquired by a partnership is property of the partnership and not of the partners individually.
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 2 - Nature of Partnership [Effective January 1, 2023.]
Section 7-12.1-201. - Partnership as entity. [Effective January 1, 2023.]
Section 7-12.1-202. - Formation of partnership. [Effective January 1, 2023.]
Section 7-12.1-203. - Partnership property. [Effective January 1, 2023.]
Section 7-12.1-204. - When property is partnership property. [Effective January 1, 2023.]