§ 7-13.1-501 Form of contribution
§ 7-13.1-502 Liability for contribution
§ 7-13.1-503 Sharing of and right to distributions before dissolution
§ 7-13.1-504 Limitations on distributions
§ 7-13.1-505 Liability for improper distributions

Terms Used In Rhode Island General Laws > Chapter 7-13.1 > Part 5 - Contributions and Distributions [Effective January 1, 2023.]

  • 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.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Brand name: means any word, name, symbol, or device, or any combination identifying the commercial feed of a distributor or registrant and distinguishing it from that of others. See Rhode Island General Laws 4-2-3
  • Commercial feed: means all materials except whole seeds unmixed or physically altered entire unmixed seeds, when not adulterated within the meaning of § 4-2-7, which are distributed for use as feed or for mixing in feed. See Rhode Island General Laws 4-2-3
  • Customer formula feed: means commercial feed which consists of a mixture of commercial feeds and/or ingredients each batch of which is manufactured according to the specific instructions of the final purchaser. See Rhode Island General Laws 4-2-3
  • Distribution: means a transfer of money or other property from a limited partnership to a person on account of a transferable interest or in the person's capacity as a partner. See Rhode Island General Laws 7-13.1-102
  • Drug: means any article intended for use in the diagnosis, cure, mitigation, treatment, or prevention of disease in animals other than humans and articles other than feed intended to affect the structure or any function of the animal body. See Rhode Island General Laws 4-2-3
  • Feed ingredient: means each of the constituent materials making up a commercial feed. See Rhode Island General Laws 4-2-3
  • General partner: means a person that:

    (i)  Has become a general partner under § 7-13. See Rhode Island General Laws 7-13.1-102

  • in writing: include printing, engraving, lithographing, and photo-lithographing, and all other representations of words in letters of the usual form. See Rhode Island General Laws 43-3-16
  • Label: means a display of written, printed, or graphic matter upon or affixed to the container in which a commercial feed is distributed, or on the invoice or delivery slip with which a commercial feed is distributed. See Rhode Island General Laws 4-2-3
  • Labeling: means all labels and other written, printed, or graphic matter:

    (i)  Upon a commercial feed or any of its containers or wrapper; or

    (ii)  Accompanying that commercial feed. See Rhode Island General Laws 4-2-3

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Manufacture: means to grind, mix, or blend, or further process a commercial feed for distribution. See Rhode Island General Laws 4-2-3
  • 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.
  • Partner: means a limited partner or general partner. See Rhode Island General Laws 7-13.1-102
  • 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: means individual, partnership, corporation, and association. See Rhode Island General Laws 4-2-3
  • Person: means an individual, business corporation, nonprofit corporation, partnership, limited partnership, limited liability company, general cooperative association, limited cooperative association, unincorporated nonprofit association, cooperative housing corporation, workers' cooperative, producers' cooperative, consumer's cooperative, statutory trust, business trust, common-law business trust, estate, trust, association, joint venture, public corporation, government or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity. See Rhode Island General Laws 7-13.1-102
  • Pet: means any domesticated animal normally maintained in or near the household(s) of the owner(s). See Rhode Island General Laws 4-2-3
  • Product name: means the name of the commercial feed which identifies it as to kind, class, or specific use. See Rhode Island General Laws 4-2-3
  • Property: means all property, whether real, personal, or mixed or tangible or intangible, or any right or interest therein. See Rhode Island General Laws 7-13.1-102
  • Required information: means the information that a limited partnership is required to maintain under § 7-13. See Rhode Island General Laws 7-13.1-102
  • right of contribution: means property or a benefit described in § 7-13. See Rhode Island General Laws 7-13.1-102
  • Transfer: includes :

    (i)  An assignment;

    (ii)  A conveyance;

    (iii)  A sale;

    (iv)  A lease;

    (v)  An encumbrance, including a mortgage or security interest;

    (vi)  A gift; and

    (vii)  A transfer by operation of law. See Rhode Island General Laws 7-13.1-102

  • Transferee: means a person to which all or part of a transferable interest has been transferred, whether or not the transferor is a partner. See Rhode Island General Laws 7-13.1-102