Idaho Code § 30-23-402

Becoming partner

Known as the Idaho Uniform Partnership Act

The act spans §§ 30–30 (63 sections).

I.C., § 30-23 -402, as added by 2015, ch. 243, § 26, p. 758; am. 2020, ch. 82, § 24, p. 174.

(1) Upon formation of a partnership, a person becomes a partner under section 30-23-202(a), Idaho Code.

(2) After formation of a partnership, a person becomes a partner: As provided in the partnership agreement;

(3) As a result of a transaction effective under chapter 22, title 30, Idaho Code; or

(4) With the affirmative vote or consent of all the partners.

(5) A person may become a partner without: Acquiring a transferable interest; or

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

Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.