1. A partnership is an entity distinct from its partners.
2. A limited liability partnership continues to be the same entity that existed before the filing of a statement of qualification under section 486A.1001.
98 Acts, ch 1201, §8, 79, 82
Partnership as entity
Known as the Uniform Partnership Act
The act spans §§ 486–486 (76 sections).
1. A partnership is an entity distinct from its partners.
2. A limited liability partnership continues to be the same entity that existed before the filing of a statement of qualification under section 486A.1001.
98 Acts, ch 1201, §8, 79, 82
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.