Minnesota Statutes 322.26 – Parties to Actions
Current as of: 2023 | Check for updates
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A contributor, unless a general partner, is not a proper party to proceedings by or against a partnership, except where the object is to enforce a limited partner’s right against or liability to the partnership.
Terms Used In Minnesota Statutes 322.26
- 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.