Public-domain · open source
OpenJurist

Universal Partnership

Defined in 4 dictionaries — Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The name of a species of partnership by which all the partners agree to put in common all their property, universorum bonorum, not only what they then have, but also what they shall acquire. Poth. du Contr. de Societe, note 29.

Ballentine's Law Dictionary

James A. Ballentine · 1916

One to which each partner has contributed all he has.

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

The name of a species of partnership by which all the partners agree to put in common all their property, universorum bonorwn, not only what they then have, but also what they shall acquire. Pothier, Du Contr. de Soctete, n. 29. See Partnership.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

One in which the partners jointly agree to contribute to the common fund of the partnership the whole of their property, of whatever character, and future, as well as present. Poth. Socidte, 29; Civ. Code La. 1900, art. 2829.

Defined under Partnership in Black's Law Dictionary.