Section 304-A:1 – Name of Chapter.

    304-A:1 Name of Chapter. – This chapter may be cited as Uniform Partnership Act. Source. 1973, 378:1, eff. Aug. 29, 1973.

Section 304-A:10 – Conveyance of Real Property of the Partnership.

    304-A:10 Conveyance of Real Property of the Partnership. – I. Where title to real property is in the partnership name, any partner may convey title to such property by a conveyance executed in the partnership name; but the partnership may recover such property unless the partner’s act binds the partnership under RSA 304-A:9, I […]

Section 304-A:11 – Partnership Bound by Admission of Partner.

    304-A:11 Partnership Bound by Admission of Partner. – An admission or representation made by any partner concerning partnership affairs within the scope of his authority as conferred by this chapter is evidence against the partnership. Source. 1973, 378:1, eff. Aug. 29, 1973.

Section 304-A:12 – Partnership Charged With Knowledge of or Notice to Partner.

    304-A:12 Partnership Charged With Knowledge of or Notice to Partner. – Notice to any partner of any matter relating to partnership affairs, and the knowledge of the partner acting in the particular matter, acquired while a partner or then present to his mind, and the knowledge of any other partner who reasonably could and […]

Section 304-A:13 – Partnership Bound by Partner’s Wrongful Act.

    304-A:13 Partnership Bound by Partner’s Wrongful Act. – Where, by any wrongful act or omission of any partner acting in the ordinary course of the business of the partnership or with the authority of his co-partners, loss or injury is caused to any person, not being a partner in the partnership, or any penalty […]

Section 304-A:14 – Partnership Bound by Partner’s Breach of Trust.

    304-A:14 Partnership Bound by Partner’s Breach of Trust. – The partnership is bound to make good the loss: I. Where one partner acting within the scope of his apparent authority receives money or property of a third person and misapplies it; and II. Where the partnership in the course of its business receives money […]

Section 304-A:15 – Nature of Partner’s Liability.

    304-A:15 Nature of Partner’s Liability. – I. Except as provided in paragraph II, all partners are liable: (a) Jointly and severally for everything chargeable to the partnership under RSA 304-A:13 and RSA 304-A:14. (b) Jointly for all other debts and obligations of the partnership; but any partner may enter into a separate obligation to […]

Section 304-A:16 – Partner by Estoppel.

    304-A:16 Partner by Estoppel. – I. When a person, by words spoken or written or by conduct, represents himself, or consents to another representing him to any one, as a partner in an existing partnership or with one or more persons not actual partners, he is liable to any such person to whom such […]

Section 304-A:17 – Liability of Incoming Partner.

    304-A:17 Liability of Incoming Partner. – A person admitted as a partner into an existing partnership is liable for all the obligations of the partnership arising before his admission as though he had been a partner when such obligations were incurred, except that this liability shall be satisfied only out of partnership property. Source. […]

Section 304-A:18 – Rules Determining Rights and Duties of Partners.

    304-A:18 Rules Determining Rights and Duties of Partners. – The rights and duties of the partners in relation to the partnership shall be determined, subject to any agreement between them, by the following rules: I. Each partner shall be repaid such partner’s contributions, whether by way of capital or advances, to the partnership property […]

Section 304-A:19 – Partnership Books.

    304-A:19 Partnership Books. – The partnership books shall be kept, subject to any agreement between the partners, at the principal place of business of the partnership, and every partner shall at all times have access to and may inspect and copy any of them. Source. 1973, 378:1, eff. Aug. 29, 1973.

Section 304-A:2 – Definition of Terms.

    304-A:2 Definition of Terms. – In this chapter: I. "Court" includes every court and judge having jurisdiction in the case. II. "Business" includes every trade, occupation, or profession. III. "Person" includes individuals, partnerships, corporations and other associations. IV. "Bankruptcy" includes bankrupt under the federal Bankruptcy Act or insolvent under any state insolvent act. V. […]

Section 304-A:20 – Duty of Partners to Render Information.

    304-A:20 Duty of Partners to Render Information. – Partners shall render on demand true and full information of all things affecting the partnership to any partner or the legal representative of any deceased partner or partner under legal disability. Source. 1973, 378:1, eff. Aug. 29, 1973.

Section 304-A:21 – Partner Accountable as a Fiduciary.

    304-A:21 Partner Accountable as a Fiduciary. – I. Every partner must account to the partnership for any benefit, and hold as trustee for it any profits derived by him without the consent of the other partners from any transaction connected with the formation, conduct, or liquidation of the partnership or from any use by […]

Section 304-A:22 – Right to an Account.

    304-A:22 Right to an Account. – Any partner shall have the right to a formal account as to partnership affairs: I. If he is wrongfully excluded from the partnership business or possession of its property by his co-partners. II. If the right exists under the terms of any agreement. III. As provided by RSA […]

Section 304-A:23 – Continuation of Partnership Beyond Fixed Term.

    304-A:23 Continuation of Partnership Beyond Fixed Term. – I. When a partnership for a fixed term or particular undertaking is continued after the termination of such term or particular undertaking without any express agreement, the rights and duties of the partners remain the same as they were at such termination, so far as is […]

Section 304-A:24 – Extent of Property Rights of a Partner.

    304-A:24 Extent of Property Rights of a Partner. – The property rights of a partner are: his rights in specific partnership property; his interest in the partnership; and his right to participate in the management. Source. 1973, 378:1, eff. Aug. 29, 1973.

Section 304-A:25 – Nature of a Partner’s Right in Specific Partnership Property.

    304-A:25 Nature of a Partner’s Right in Specific Partnership Property. – I. A partner is co-owner with his partners of specific partnership property holding as a tenant in partnership. II. The incidents of this tenancy are such that: (a) A partner, subject to the provisions of this chapter and to any agreement between the […]

Section 304-A:26 – Nature of Partner’s Interest in the Partnership.

    304-A:26 Nature of Partner’s Interest in the Partnership. – A partner’s interest in the partnership is his share of the profits and surplus, and the same is personal property. Source. 1973, 378:1, eff. Aug. 29, 1973.

Section 304-A:27 – Assignment of Partner’s Interest.

    304-A:27 Assignment of Partner’s Interest. – I. Conveyance by a partner of his interest in the partnership does not of itself dissolve the partnership, nor, as against the other partners in the absence of agreement, entitle the assignee, during the continuance of the partnership, to interfere in the management or administration of the partnership […]