PocketLaw | Vermont Statutes | Partnerships

Partnerships

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Definitions

Knowledge and notice

Effect of partnership agreement; nonwaivable provisions

Supplemental principles of law

Execution, filing, and recording of statements

Governing law

Partnership subject to amendment or repeal of chapter

Partnership as entity

Formation of partnership

Partnership property

When property is partnership property

Partner agent of partnership

Transfer of partnership property

Statement of partnership authority

Statement of denial

Partnership liable for partner's actionable conduct

Partner's liability

Actions by and against partnership and partners

Liability of purported partner

Partner's rights and duties

Distributions in kind

Partner's rights and duties with respect to information

General standards of partner's conduct

Actions by partnership and partners

Continuation of partnership beyond definite term or particular undertaking

Partner not co-owner of partnership property

Partner's transferable interest in partnership

Transfer of partner's transferable interest

Partner's transferable interest subject to charging order

Events causing partner's dissociation

Partner's power to dissociate; wrongful dissociation

Effect of partner's dissociation

Purchase of dissociated partner's interest

Dissociated partner's power to bind and liability to partnership

Dissociated partner's liability to other persons

Statement of dissociation

Continued use of partnership name

Events causing dissolution and winding up of partnership business

Partnership continues after dissolution

Right to wind up partnership business

Partner's power to bind partnership after dissolution

Statement of dissolution

Partner's liability to other partners after dissolution

Settlement of accounts and contributions among partners

Definitions

Conversion of partnership to limited partnership

Conversion of limited partnership to partnership

Effect of conversion; entity unchanged

Merger of partnerships

Effect of merger

Statement of merger

Nonexclusive

Statement of qualification

Name

Annual report

Law governing foreign limited liability partnership

Statement of foreign qualification

Effect of failure to qualify

Activities not constituting transacting business

Action by Attorney General

Fees

Uniformity of application and construction

Applicability

Savings clause