§ 42:1A-1 Short title
§ 42:1A-2 Definitions relative to partnerships
§ 42:1A-3 Explanation of knowledge, notice; giving, receiving notice
§ 42:1A-4 Agreement governing partners, partnership; prohibited terms
§ 42:1A-5 Principles of law and equity applicable; rate of interest determined
§ 42:1A-6 Statements filed in the Division of Commercial Recording; effects, fees
§ 42:1A-7 Law governing relations among partners, between partners and partnership
§ 42:1A-8 Partnership governed by this act and its amendments
§ 42:1A-9 Entity as partnership; limited partnership
§ 42:1A-10 Formation of partnership; rules for determining formation
§ 42:1A-11 Property of the partnership
§ 42:1A-12 Acquisition of partnership property; presumptions
§ 42:1A-13 Partner considered agent of partnership; limitation
§ 42:1A-14 Transfer of partnership property
§ 42:1A-15 Statement of partnership authority; filing
§ 42:1A-16 Statement of denial; limitation on authority
§ 42:1A-17 Partnership liable for loss, injury
§ 42:1A-18 Partnership obligations; liability of partners
§ 42:1A-19 Suits, actions by or against partnership; satisfaction of judgments
§ 42:1A-20 Partnership by representation; liability
§ 42:1A-21 Rights and duties of partners
§ 42:1A-22 Distributions in kind
§ 42:1A-23 Books, records; rendering of information
§ 42:1A-24 Fiduciary duties
§ 42:1A-25 Legal actions
§ 42:1A-26 Continuation of partnership beyond term or undertaking
§ 42:1A-27 Partner not co-owner
§ 42:1A-28 Transferable interest of partner
§ 42:1A-29 Transfer of partner’s interest
§ 42:1A-30 Orders charging transferable interests; effects
§ 42:1A-31 Dissociation from partnership; events causing
§ 42:1A-32 Dissociation of partners; wrongful conditions
§ 42:1A-33 Dissociation; effects on partnership, partner
§ 42:1A-34 Dissociation not resulting in dissolution; buyout; damages
§ 42:1A-35 Partnership bound by act of dissociated partner; conditions; liability
§ 42:1A-36 Dissociated partner’s liability
§ 42:1A-37 Statement of dissociation
§ 42:1A-38 Continued use of name relative to liability
§ 42:1A-39 Dissolution of partnership; winding up, event causing
§ 42:1A-40 Dissolution, continuation for purpose of winding up
§ 42:1A-41 Postdissolution, rights, duties on winding up
§ 42:1A-42 Partner’s act after dissolution
§ 42:1A-43 Statement of dissolution, effects of filing
§ 42:1A-44 Liability after dissolution
§ 42:1A-45 Rights of partners to application of partnership assets; settlement of accounts
§ 42:1A-46 Other business entity; merger or consolidation; effect of certificate
§ 42:1A-47 Limited liability partnership; qualification as
§ 42:1A-48 Name, alternate name of limited liability partnership
§ 42:1A-49 Annual report; filing
§ 42:1A-50 Foreign limited liability partnership; law governing, effect in this State
§ 42:1A-51 Statement of foreign qualification; filing
§ 42:1A-52 Foreign qualification required; effects of failure
§ 42:1A-53 Activities not considered transacting business
§ 42:1A-54 Restraint of foreign limited liability partnership
§ 42:1A-55 Applicability, construction of act
§ 42:1A-56 No retroactive effects

Terms Used In New Jersey Statutes > Title 42 > Chapter 1A - Uniform Partnership Act (1996)

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Joint tenancy: A form of property ownership in which two or more parties hold an undivided interest in the same property that was conveyed under the same instrument at the same time. A joint tenant can sell his (her) interest but not dispose of it by will. Upon the death of a joint tenant, his (her) undivided interest is distributed among the surviving joint tenants.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • month: means a calendar month, and the word "year" means a calendar year. See New Jersey Statutes 1:1-2
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • 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.
  • person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • real property: include lands, tenements and hereditaments and all rights thereto and interests therein. See New Jersey Statutes 1:1-2
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
  • Statute: A law passed by a legislature.
  • Tenancy in common: A type of property ownership in which two or more individuals have an undivided interest in property. At the death of one tenant in common, his (her) fractional percentage of ownership in the property passes to the decedent
  • territory: extends to and includes any territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Trustee: A person or institution holding and administering property in trust.
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.