GroundRules
R.I. Gen. Laws § 7-12.1-402: Becoming partner.
Where this section sits in the code
- Title 7 Corporations, Associations, and Partnerships
- Chapter 12.1 Uniform Partnership Act
- Article 4 Relations of Partners to Each Other and to Partnership
(a) Upon formation of a partnership, a person becomes a partner under § 7-12.1-202(a).
(b) After formation of a partnership, a person becomes a partner:
(1) As provided in the partnership agreement;
(2) As a result of a transaction effective under Article 11 of this chapter; or
(3) With the affirmative vote or consent of all the partners.
(c) A person may become a partner without:
(1) Acquiring a transferable interest; or
(2) Making or being obligated to make a contribution to the partnership.
Collected 2026-09-05T19:33:14Z. Source file · JSON