48-7A-203. Partnership property.
Property acquired by a partnership is property of the partnership and not of the partners individually.
Source: SL 2001, ch 249, ยง203.
Structure South Dakota Codified Laws
Chapter 07A - Uniform Partnership Act
Section 48-7A-101 - Definitions.
Section 48-7A-102 - Knowledge and notice.
Section 48-7A-103 - Effect of partnership agreement, nonwaivable provisions.
Section 48-7A-104 - Supplemental principles of law.
Section 48-7A-105 - Execution, filing, and recording of statements.
Section 48-7A-106 - Governing law.
Section 48-7A-107 - Partnership subject to amendment or repeal of act.
Section 48-7A-201 - Partnership as entity.
Section 48-7A-202 - Formation of partnership.
Section 48-7A-203 - Partnership property.
Section 48-7A-204 - When property is partnership property.
Section 48-7A-301 - Partner agent of partnership.
Section 48-7A-302 - Transfer of partnership property.
Section 48-7A-303 - Statement of partnership authority.
Section 48-7A-304 - Statement of denial.
Section 48-7A-305 - Partnership liable for partner's actionable conduct.
Section 48-7A-306 - Partner's liability.
Section 48-7A-307 - Actions by and against partnership and partners.
Section 48-7A-308 - Liability of purported partner.
Section 48-7A-401 - Partner's rights and duties.
Section 48-7A-402 - Distributions in kind.
Section 48-7A-403 - Partner's rights and duties with respect to information.
Section 48-7A-404 - General standards of partner's conduct.
Section 48-7A-405 - Actions by partnership and partners.
Section 48-7A-406 - Continuation of partnership beyond definite term or particular undertaking.
Section 48-7A-501 - Partner not co-owner of partnership property.
Section 48-7A-502 - Partner's transferable interest in partnership.
Section 48-7A-503 - Transfer of partner's transferable interest.
Section 48-7A-504 - Partner's transferable interest subject to charging order.
Section 48-7A-601 - Events causing partner's dissociation.
Section 48-7A-602 - Partner's power to dissociate; wrongful dissociation.
Section 48-7A-603 - Effect of partner's dissociation.
Section 48-7A-701 - Purchase of dissociated partner's interest.
Section 48-7A-702 - Dissociated partner's power to bind and liability to partnership.
Section 48-7A-703 - Dissociated partner's liability to other persons.
Section 48-7A-704 - Statement of dissociation.
Section 48-7A-705 - Continued use of partnership name.
Section 48-7A-801 - Events causing dissolution and winding up of partnership business.
Section 48-7A-802 - Partnership continues after dissolution.
Section 48-7A-803 - Right to wind up partnership business.
Section 48-7A-804 - Partner's power to bind partnership after dissolution.
Section 48-7A-805 - Statement of dissolution.
Section 48-7A-806 - Partner's liability to other partners after dissolution.
Section 48-7A-807 - Settlement of accounts and contributions among partners.
Section 48-7A-901 - Definitions.
Section 48-7A-902 - Conversion of partnership to limited partnership.
Section 48-7A-903 - Conversion of limited partnership to partnership.
Section 48-7A-904 - Effect of conversion; entity unchanged.
Section 48-7A-905 - Merger of partnerships.
Section 48-7A-906 - Effect of merger.
Section 48-7A-907 - Statement of merger.
Section 48-7A-908 - Nonexclusive.
Section 48-7A-1001 - Statement of qualification.
Section 48-7A-1001.1 - Amendment of statement of qualification--Contents.
Section 48-7A-1001.2 - Cancellation of statement of qualification--Contents.
Section 48-7A-1003 - Annual report.
Section 48-7A-1004 - Eligibility to practice in limited liability partnership.
Section 48-7A-1004.1 - Revocable trust as shareholder--Conditions.
Section 48-7A-1101 - Law governing foreign limited liability partnership.
Section 48-7A-1102 - Statement of foreign qualification.
Section 48-7A-1102.1 - Amendment of statement of foreign qualification--Contents.
Section 48-7A-1102.2 - Cancellation of statement of foreign qualification--Contents.
Section 48-7A-1103 - Effect of failure to qualify.
Section 48-7A-1104 - Activities not constituting transacting business.
Section 48-7A-1105 - Action by attorney general.
Section 48-7A-1201 - Uniformity of application and construction.
Section 48-7A-1202 - Short title.
Section 48-7A-1203 - Severability clause.
Section 48-7A-1206 - Applicability.