D.C. Code § 29-604.02

Becoming partner

Known as the Uniform Partnership Act

The act spans §§ 29–29 (70 sections).

July 2, 2011, D.C

(a) Upon formation of a partnership under § 29-602.02(a), a person becomes a partner.

(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 Subchapter [subchapter] IX of this chapter or Chapter 2 of this title; or

(3) With the consent of all the partners.

(1) Acquiring a transferable interest; or

(2) Making or being obligated to make a contribution to the partnership.

Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.