Uniform Partnership Act

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Uniform Partnership Act

Model legislation proposed by the National Conference of Commissioners on Uniform State Laws governing business partnerships. The Act determines how assets are distributed, governs the fiduciary duties of partners, and so forth. The NCCUSL has promulgated several versions of the Act since 1914. Versions of the Act have been adopted in every state except Louisiana.
References in periodicals archive ?
Parties seeking an accounting must, therefore, take care to convince the court by alleging and proving any and all factual circumstances that suggest the formation of a legal partnership as described under the Revised Uniform Partnership Act.
When the Florida Revised Uniform Partnership Act (FRUPA) was passed, it did not specifically overrule A.
In this regard, the charging order provision in the LLC Act stands in stark contrast to the charging order provisions in both the Florida Revised Uniform Partnership Act, [section] 620.
5] For a complete summary of RUPA, see Hillman, Vestal & Weidner, General and Limited Partnerships Under the Revised Uniform Partnership Act (1996) (hereinafter "H V & W").
Vestal, The Disclosure Obligations of Partners inter se under the Revised Uniform Partnership Act of 1994: Is the Contractarian Revolution Failing?
Larson, Florida's New Partnership Law: The Revised Uniform Partnership Act and Limited Liability Partnerships, 23 Fla.