"Partnership" Defined

  1. Law
  2. Georgia Code
  3. Corporations, Partnerships, and Associations
  4. Partnerships
  5. "Partnership" Defined

Checkout our iOS App for a better way to browser and research.

  1. A partnership is an association of two or more persons to carry on as co-owners a business for profit and includes, for all purposes of the laws of this state, a limited liability partnership.
  2. But any association formed under any other statute of this state, or any statute adopted by authority, other than the authority of this state, is not a partnership under this chapter, unless such association would have been a partnership in this state prior to the adoption of this chapter; but this chapter shall apply to limited partnerships except insofar as the statutes relating to such partnerships are inconsistent with this chapter.

(Code 1981, §14-8-6, enacted by Ga. L. 1984, p. 1439, § 1; Ga. L. 1995, p. 470, § 2.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 59A Am. Jur. 2d, Partnership, § 1 et seq.

C.J.S.

- 68 C.J.S., Partnership, § 1.


Download our app to see the most-to-date content.