§ 61-1-308. Purported Partner
If a person, by words or conduct, purports to be a partner, or consents to being represented by another as a partner, in a partnership or with one (1) or more persons not partners, the purported partner is liable to a person to whom the representation is made, if that person, relying on the representation, […]
§ 61-1-307. Actions by and Against Partnership and Partners
A partnership may sue and be sued in the name of the partnership. An action may be brought against the partnership and, to the extent not inconsistent with § 61-1-306, any or all of the partners in the same action or in separate actions. A judgment against a partnership is not by itself a judgment […]
§ 61-1-301. Partner Agent of Partnership
Subject to the effect of a statement of partnership authority under § 61-1-303: Each partner is an agent of the partnership for the purpose of its business. An act of a partner, including the execution of an instrument in the partnership name, for apparently carrying on in the ordinary course the partnership business or business […]
§ 61-1-302. Transfer of Partnership Property
Partnership property may be transferred as follows: Subject to the effect of a statement of partnership authority under § 61-1-303, partnership property held in the name of the partnership may be transferred by an instrument of transfer executed by a partner in the partnership name; Partnership property held in the name of one (1) or […]
§ 61-1-303. Statement of Partnership Authority
A partnership may file a statement of partnership authority, which: Must include: The name of the partnership; The street address of its chief executive office (and a mailing address such as a post office box if the United States postal service does not deliver to the chief executive office) and of one (1) office in […]
§ 61-1-304. Statement of Denial
A partner or other person named as partner in a filed statement of partnership authority may file a statement of denial stating the name of the partnership and the fact that is being denied, which may include denial of a person’s authority or status as a partner. A statement of denial is a limitation on […]
§ 61-1-305. Partnership Liable for Partner’s Actionable Conduct
A partnership is liable for loss or injury caused to a person, or for a penalty incurred, as a result of a wrongful act or omission, or other actionable conduct, of a partner acting in the ordinary course of business of the partnership or with authority of the partnership. If, in the ordinary course of […]
§ 61-1-306. Partner’s Liability
Except as otherwise provided in subsections (b)-(g), all partners are liable jointly and severally for all obligations of the partnership unless otherwise agreed by the claimant or provided by law. A person admitted as a partner into an existing partnership is not personally liable for any partnership obligation incurred before the person’s admission as a […]