§ 54-1-201. Partnership as entity.  


Latest version.
  • Partnership as entity.  (a)  A partnership is an entity distinct from its partners.

    (b)  A limited liability partnership continues to be the same entity that existed before the filing of a statement of qualification under Section 55 of this act.

Added by Laws 1997, c. 399, § 9, eff. Nov. 1, 1997.