Law governing relations among partners, between partners and partnership

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

42:1A-7. Law governing relations among partners, between partners and partnership

7. a. Except as otherwise provided in subsection b. of this section, the law of the jurisdiction in which a partnership has its chief executive office governs relations among the partners and between the partners and the partnership.

b. The law of this State governs relations among the partners and between the partners and the partnership and the liability of partners for an obligation of a limited liability partnership.

L.2000,c.161,s.7.


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