reglab/housing_qa huggingface dataset:
MD. Corporations and Associations Code Ann. §  9A-202 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 2 - Nature of Partnership|Section 9A-202 - Formation of Partnership

    (a)    Except as otherwise provided in subsection (c) of this section, the unincorporated association of two or more persons to carry on as co–owners a business for profit forms a partnership, whether or not the persons intend to form a partnership and whether or not the association is called “partnership”, “joint venture”, or any other name.    (b)    A partnership may be created under:        (1)    This title;        (2)    The Maryland Uniform Partnership Act and its subsequent amendments; or        (3)    A statute of another jurisdiction comparable to this title or the Maryland Uniform Partnership Act and their respective subsequent amendments.    (c)    An unincorporated association or entity created under a law other than the laws described in subsection (b) of this section is not a partnership.    (d)    In determining whether a partnership is formed, the following rules apply:        (1)    Joint tenancy, tenancy in common, tenancy by the entireties, joint property, common property, or part ownership does not by itself establish a partnership, even if the co–owners share profits made by the use of the property.        (2)    The sharing of gross returns does not by itself establish a partnership, even if the persons sharing them have a joint or common right or interest in property from which the returns are derived.        (3)    A person who receives a share of the profits of a business is presumed to be a partner in the business, unless the profits were received in payment:            (i)    Of a debt by installments or otherwise;            (ii)    For services as an independent contractor or of wages or other compensation to an employee;            (iii)    Of rent;            (iv)    Of an annuity or other retirement or health benefit to a beneficiary, representative, or designee of a deceased or retired partner;            (v)    Of interest or other charge on a loan, even if the amount of payment varies with the profits of the business, including a direct or indirect present or future ownership of the collateral, or rights to income, proceeds, or increase in value derived from the collateral; or            (vi)    For the sale of the goodwill of a business or other property by installments or otherwise.
MD. Corporations and Associations Code Ann. §  9A-203 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 2 - Nature of Partnership|Section 9A-203 - Partnership Property

    Partnership property is property of the partnership and not of the partners individually.
MD. Corporations and Associations Code Ann. §  9A-204 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 2 - Nature of Partnership|Section 9A-204 - When Property Is Partnership Property

    (a)    Property is partnership property if acquired in the name of:        (1)    The partnership; or        (2)    One or more partners with an indication in the instrument transferring title to the property of the person’s capacity as a partner or of the existence of a partnership but without an indication of the name of the partnership.    (b)    Property is acquired in the name of the partnership by a transfer to:        (1)    The partnership in its name; or        (2)    One or more partners in their capacity as partners in the partnership, if the name of the partnership is indicated in the instrument transferring title to the property.    (c)    Property is presumed to be partnership property if purchased with partnership assets, even if not acquired in the name of the partnership or of one or more partners with an indication in the instrument transferring title to the property of the person’s capacity as a partner or of the existence of a partnership.    (d)    Property acquired in the name of one or more of the partners, without an indication in the instrument transferring title to the property of the person’s capacity as a partner or of the existence of a partnership and without use of partnership assets, is presumed to be separate property, even if used for partnership purposes.
MD. Corporations and Associations Code Ann. §  9A-301 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 3 - Relations of Partners to Persons Dealing With Partnership|Section 9A-301 - Partner Agent of Partnership

    Subject to the effect of a statement of partnership authority under § 9A-303 of this subtitle:         (1)    Each partner is an agent of the partnership for the purpose of its business. An act of a partner, including the execution of an instrument in the partnership name, for apparently carrying on in the ordinary course the partnership business or business of the kind carried on by the partnership binds the partnership, unless the partner had no authority to act for the partnership in the particular matter and the person with whom the partner was dealing knew or had received a notification that the partner lacked authority.        (2)    An act of a partner which is not apparently for carrying on in the ordinary course the partnership business or business of the kind carried on by the partnership binds the partnership only if the act was authorized by the other partners.
MD. Corporations and Associations Code Ann. §  9A-302 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 3 - Relations of Partners to Persons Dealing With Partnership|Section 9A-302 - Transfer of Partnership Property

    (a)    Partnership property may be transferred as follows:        (1)    Subject to the effect of a statement of partnership authority under § 9A–303 of this subtitle, partnership property held in the name of the partnership may be transferred by an instrument of transfer executed by a partner in the partnership name.        (2)    Partnership property held in the name of one or more partners with an indication in the instrument transferring the property to them of their capacity as partners or of the existence of a partnership, but without an indication of the name of the partnership, may be transferred by an instrument of transfer executed by the persons in whose name the property is held.        (3)    Partnership property held in the name of one or more persons other than the partnership, without an indication in the instrument transferring the property to them of their capacity as partners or of the existence of a partnership, may be transferred by an instrument of transfer executed by the persons in whose name the property is held.    (b)    A partnership may recover partnership property from a transferee only if it proves that execution of the instrument of initial transfer did not bind the partnership under § 9A–301 of this subtitle and:        (1)    As to a subsequent transferee who gave value for property transferred under subsection (a)(1) or (2) of this section, proves that the subsequent transferee knew or had received a notification that the person who executed the instrument of initial transfer lacked authority to bind the partnership; or        (2)    As to a transferee who gave value for property transferred under subsection (a)(3) of this section, proves that the transferee knew or had received a notification that the property was partnership property and that the person who executed the instrument of initial transfer lacked authority to bind the partnership.    (c)    A partnership may not recover partnership property from a subsequent transferee if the partnership would not have been entitled to recover the property, under subsection (b) of this section, from any earlier transferee of the property, provided that the subsequent transferee claims by, through or under that earlier transferee.    (d)    If a person holds all of the partners’ interests in the partnership, all of the partnership property vests in that person. The person may execute a document in the name of the partnership to evidence vesting of the property in that person and may file or record the document.
MD. Corporations and Associations Code Ann. §  9A-303 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 3 - Relations of Partners to Persons Dealing With Partnership|Section 9A-303 - Statement of Partnership Authority

    (a)    A partnership may file a statement of partnership authority, which:        (1)    Must include:            (i)    The name of the partnership;            (ii)    The street address of its chief executive office and, if there is one, of one office in this State; and            (iii)    The names of the partners authorized to execute an instrument transferring real property held in the name of the partnership; and        (2)    May state the authority, or limitations on the authority, of some or all of the partners to enter into other transactions on behalf of the partnership and any other matter.    (b)    If a filed statement of partnership authority is executed pursuant to § 9A–105(c) of this title and states the name of the partnership but does not contain all of the other information required by subsection (a) of this section, the statement nevertheless operates with respect to a person not a partner as provided in subsections (c) and (d) of this section.    (c)    Except as otherwise provided in subsection (f) of this section, a grant of authority contained in a filed statement of partnership authority is conclusive in favor of a person who gives value without knowledge to the contrary, so long as and to the extent that a limitation on that authority is not then contained in another filed statement. A filed cancellation of a limitation on authority revives the previous grant of authority.    (d)    A person not a partner is deemed to know of a limitation on the authority of a partner to transfer real property held in the name of the partnership if a statement containing the limitation on authority has been filed.    (e)    Except as otherwise provided in subsections (c) and (d) of this section and §§ 9A–704 and 9A–805 of this title, a person not a partner is not deemed to know of a limitation on the authority of a partner merely because the limitation is contained in a filed statement.    (f)    Unless earlier canceled, a filed statement of partnership authority is canceled by operation of law 5 years after the date on which the statement, or the most recent amendment, was filed with the Department.
MD. Corporations and Associations Code Ann. §  9A-304 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 3 - Relations of Partners to Persons Dealing With Partnership|Section 9A-304 - Statement of Denial

    A partner or other person named as a partner in a filed statement of partnership authority may file a statement of denial stating the name of the partnership and the fact that is being denied, which may include denial of a person’s authority or status as a partner. A statement of denial is a limitation on authority as provided in § 9A-303(c) and (d) of this subtitle.
MD. Corporations and Associations Code Ann. §  9A-305 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 3 - Relations of Partners to Persons Dealing With Partnership|Section 9A-305 - Partnership Liable for Partner's Actionable Conduct

    (a)    A partnership is liable for loss or injury caused to a person, or for a penalty incurred, as a result of a wrongful act or omission, or other actionable conduct, of a partner acting in the ordinary course of business of the partnership or with authority of the partnership.    (b)    If, in the course of the partnership’s business or while acting with authority of the partnership, a partner receives or causes the partnership to receive money or property of a person not a partner, and the money or property is misapplied by a partner, the partnership is liable for the loss.
MD. Corporations and Associations Code Ann. §  9A-306 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 3 - Relations of Partners to Persons Dealing With Partnership|Section 9A-306 - Partner's Liability

    (a)    Except as otherwise provided in subsections (b) and (c) of this section, all partners are liable jointly and severally for all obligations of the partnership unless otherwise agreed by the claimant or provided by law.    (b)    A person admitted as a partner into an existing partnership shall have the immunity from liability described under § 5–420 of the Courts and Judicial Proceedings Article.    (c)    Subject to the provisions of subsection (d) of this section, a partner of a limited liability partnership is not liable or accountable, directly or indirectly, including by way of indemnification, contribution, or otherwise, for any debts, obligations, or liabilities of or chargeable to the partnership or another partner, whether arising in tort, contract, or otherwise, which are incurred, created, or assumed by the partnership while the partnership is a limited liability partnership solely by reason of being a partner in the partnership or acting or omitting to act in such capacity or rendering professional services or otherwise participating, as an employee, consultant, contractor, or otherwise, in the conduct of the business or activities of the partnership.    (d)    Subsection (c) of this section does not affect:        (1)    The liability of a partner of a limited liability partnership for debts and obligations of the partnership that arise from any negligent or wrongful act or omission of the partner or of another partner, employee, or agent of the partnership if the partner is negligent in appointing, directly supervising, or cooperating with the other partner, employee, or agent;        (2)    The liability of the partnership for all its debts and obligations or the availability of the entire assets of the partnership to satisfy its debts and obligations; or        (3)    The liability of a partner for debts and obligations of the partnership, whether in contract or in tort, that arise from or relate to a contract made by the partnership prior to its registration as a limited liability partnership, unless the registration was consented to in writing by the party to the contract that is seeking to enforce the debt or obligation.    (e)    Nothing in subsection (c) of this section is intended to restrict or limit in any manner the authority and duty of a regulatory body that licenses professionals within this State to license persons who render professional services or to regulate the practice of any profession that is within the jurisdiction of the regulatory body, notwithstanding that the person is a partner, employee, or agent of a limited liability partnership and is rendering the professional services or engaging in the practice of the profession through the limited liability partnership.
MD. Corporations and Associations Code Ann. §  9A-307 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 3 - Relations of Partners to Persons Dealing With Partnership|Section 9A-307 - Actions by and Against Partnership and Partners

    (a)    A partnership may sue and be sued in the name of the partnership.    (b)    An action may be brought against the partnership and, except as provided in § 9A–306 of this subtitle and subsection (f) of this section, any or all of the partners in the same action or in separate actions.    (c)    A judgment against a partnership is not by itself a judgment against a partner. A judgment against a partnership may not be satisfied from a partner’s assets unless there is also a judgment against the partner.    (d)    A judgment creditor of a partner may not levy execution against the assets of the partner to satisfy a judgment based on a claim against the partnership unless the claim is for a debt, obligation, or liability for which the partner is liable under § 9A–306 of this subtitle and either:        (1)    A judgment based on the same claim has been obtained against the partnership and a writ of execution on the judgment has been returned unsatisfied in whole or in part;        (2)    The partnership is a debtor in bankruptcy;        (3)    The partner has agreed that the creditor need not exhaust partnership assets;        (4)    A court grants permission to the judgment creditor to levy execution against the assets of a partner based on a finding that partnership assets subject to execution are clearly insufficient to satisfy the judgment, that exhaustion of partnership assets is excessively burdensome, or that the grant of permission is an appropriate exercise of the court’s equitable powers; or        (5)    Liability is imposed on the partner by law or contract independent of the existence of the partnership.    (e)    This section applies to any partnership liability or obligation resulting from a representation by a partner or purported partner under § 9A–308 of this subtitle.    (f)    A partner of a limited liability partnership is not a proper party to a proceeding by or against a limited liability partnership solely by reason of being a partner of the limited liability partnership, except where the object of the proceeding is:        (1)    To enforce a partner’s right against or liability to the limited liability partnership; or        (2)    To recover damages, or enforce partnership obligations, for which the partner is personally liable under § 9A–306 of this subtitle.
MD. Corporations and Associations Code Ann. §  9A-308 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 3 - Relations of Partners to Persons Dealing With Partnership|Section 9A-308 - Liability of Purported Partner

    (a)    If a person, by words or conduct, purports to be a partner, or consents to being represented by another as a partner, in a partnership or with one or more persons not partners, the purported partner is liable to a person to whom the representation is made, if that person, relying on the representation, enters into a transaction with the actual or purported partnership. If the representation, either by the purported partner or by a person with the purported partner’s consent, is made in a public manner, the purported partner is liable to a person who relies upon the purported partnership even if the purported partner is not aware of being held out as a partner to the claimant. If partnership liability results, the purported partner is liable with respect to that liability as if the purported partner were a partner. If no partnership liability results, the purported partner is liable with respect to that liability jointly and severally with any other person consenting to the representation.    (b)    If a person is thus represented to be a partner in an existing partnership, or with one or more persons not partners, the purported partner is an agent of persons consenting to the representation to bind them to the same extent and in the same manner as if the purported partner were a partner, with respect to persons who enter into transactions in reliance upon the representation. If all of the partners of the existing partnership consent to the representation, a partnership act or obligation results. If fewer than all of the partners of the existing partnership consent to the representation, the person acting and the partners consenting to the representation are jointly and severally liable.    (c)    A person is not liable as a partner merely because the person is named by another in a statement of partnership authority or does not file a statement of authority.    (d)    A person does not continue to be liable as a partner merely because of a failure to file a statement of dissociation or to amend a statement of partnership authority to indicate the partner’s dissociation from the partnership.    (e)    Except as otherwise provided in subsections (a) and (b) of this section, persons who are not partners as to each other are not liable as partners to other persons.
MD. Corporations and Associations Code Ann. §  9A-401 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 4 - Relations of Partners to Each Other and to Partnership|Section 9A-401 - Partner's Rights and Duties

    (a)    Each partner is deemed to have an account that is:        (1)    Credited with an amount equal to the money plus the value of any other property, net of the amount of any liabilities, the partner contributes to the partnership and the partner’s share of the partnership profits; and        (2)    Charged with an amount equal to the money plus the value of any other property, net of the amount of any liabilities, distributed by the partnership to the partner and the partner’s share of the partnership losses.    (b)    Each partner is entitled to an equal share of the partnership profits and is chargeable with a share of the partnership losses in proportion to the partner’s share of the profits.    (c)    A partnership shall reimburse a partner for payments made and indemnify a partner for liabilities incurred by the partner in the ordinary course of the business of the partnership or for the preservation of its business or property.    (d)    A partnership shall reimburse a partner for an advance to the partnership beyond the amount of capital the partner agreed to contribute.    (e)    A payment or advance made by a partner which gives rise to a partnership obligation under subsection (c) or (d) of this section constitutes a loan to the partnership which accrues interest from the date of the payment or advance.    (f)    Each partner has equal rights in the management and conduct of the partnership business.    (g)    A partner may use or possess partnership property only on behalf of the partnership.    (h)    A partner is not entitled to remuneration for services performed for the partnership, except for reasonable compensation for services rendered in winding up the business of the partnership.    (i)    A person may become a partner only with the consent of all of the partners.    (j)    A difference arising as to a matter in the ordinary course of business of a partnership may be decided by a majority of the partners. An act outside the ordinary course of business of a partnership and an amendment to the partnership agreement may be undertaken only with the consent of all of the partners.    (k)    This section does not affect the obligations of a partnership to other persons under § 9A-301 of this title.
MD. Corporations and Associations Code Ann. §  9A-402 (2021)
2021 Maryland Statutes|Corporations and Associations|Title 9A - Maryland Revised Uniform Partnership Act|Subtitle 4 - Relations of Partners to Each Other and to Partnership|Section 9A-402 - Distributions in Kind

    A partner has no right to receive, and may not be required to accept, a distribution in kind.