Illinois Compiled Statutes 805 ILCS 415/908 – The Uniform Partnership Act (1997) is amended by repealing Sections …
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Terms Used In Illinois Compiled Statutes 805 ILCS 415/908
- 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.
The Uniform Partnership Act (1997) is amended by repealing Sections 903, 904, and 909.