Section 9A-201 – Partnership as Entity

    A partnership is an entity distinct from its partners.

Section 9A-202 – Formation of Partnership

    (a)    Except as otherwise provided in subsection (c) of this section, the unincorporated association of two or more persons to carry on as co–owners a business for profit forms a partnership, whether or not the persons intend to form a partnership and whether or not the association is called “partnership”, “joint venture”, or any other name. […]

Section 9A-203 – Partnership Property

    Partnership property is property of the partnership and not of the partners individually.

Section 9A-204 – When Property Is Partnership Property

    (a)    Property is partnership property if acquired in the name of:         (1)    The partnership; or         (2)    One or more partners with an indication in the instrument transferring title to the property of the person’s capacity as a partner or of the existence of a partnership but without an indication of the name of the partnership.     (b)    Property is acquired […]