29-1011. Partnership as entity A. A partnership is an entity distinct from its partners. B. A limited liability partnership is the same entity that existed before the filing of a statement of qualification under section 29-1101.
29-1012. Formation of partnership A. Except as otherwise provided in subsections B and C, the 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. B. An association formed under a statute other than this chapter, a […]
29-1013. Partnership property Property acquired by a partnership is property of the partnership and not of the partners individually.
29-1014. When property is partnership property A. Property is partnership property if acquired in the name of either: 1. The partnership. 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 […]
