New Jersey Statutes 42:2A-10. What business authorized
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Terms Used In New Jersey Statutes 42:2A-10
- 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.
A limited partnership may carry on any business which a partnership without limited partners may carry on.
L.1983, c. 489, s. 10, eff. April 1, 1985.