Indiana Code 23-4-1-30. Partnership not terminated by dissolution
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Terms Used In Indiana Code 23-4-1-30
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Sec. 30. On dissolution the partnership is not terminated, but continues until the winding up of partnership affairs is completed.
Formerly: Acts 1949, c.114, s.30.