New Jersey Statutes 42:2A-3. When Uniform Partnership Law applicable
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In New Jersey Statutes 42:2A-3
- 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.
In any case not provided for in this chapter, the provisions of the “Uniform Partnership Law” (R.S. 42:1-1 et seq.) shall govern.
L.1983, c. 489, s. 3, eff. April 1, 1985.