reglab/housing_qa huggingface dataset:
IN Code § 23-4-1-7 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-7. Rules for Determining Existence of Partnership

Sec. 7. In determining whether a partnership exists, these rules shall apply:(1) Except as provided by section 16 of this chapter, persons who are not partners as to each other are not partners as to third persons.(2) Joint tenancy, tenancy in common, tenancy by the entireties, joint property, common property, or part ownership does not of itself establish a partnership, whether such co-owners do or do not share any profits made by the use of the property.(3) The sharing of gross returns does not of itself establish a partnership, whether or not the persons sharing them have a joint or common right or interest in any property from which the returns are derived.(4) The receipt by a person of a share of the profits of a business is prima facie evidence that the person is a partner in the business, but no such inference shall be drawn if such profits were received in payment for the following:(a) As a debt by installments or otherwise.(b) As wages of an employee or rent to a landlord.(c) As an annuity to a widow or representative of a deceased partner.(d) As interest on a loan though the amount of payment varies with the profits of the business.(e) As the consideration for the sale of a goodwill of a business or other property by installments or otherwise.(5) The existence of a partnership is not affected by the following:(a) The filing or failure or omission to file an original or renewal registration as a limited liability partnership under section 45 of this chapter.(b) The expiration of a partnership's status as a limited liability partnership.(c) The filing of a notice of withdrawal under section 45 of this chapter.Formerly: Acts 1949, c.114, s.7. As amended by P.L.34-1987, SEC.292; P.L.230-1995, SEC.3; P.L.34-1997, SEC.7.
IN Code § 23-4-1-8 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-8. Partnership Property

Sec. 8. (1) All property originally brought into the partnership stock or subsequently acquired by purchase or otherwise, on account of the partnership, is partnership property.(2) Unless the contrary intention appears, property acquired with partnership funds is partnership property.(3) Any estate in real property may be acquired in the partnership name. Title so acquired can be conveyed only in the partnership name.(4) A conveyance to a partnership in the partnership name, though without words of inheritance, passes the entire estate of the grantor unless a contrary intent appears.Formerly: Acts 1949, c.114, s.8.
IN Code § 23-4-1-9 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-9. Partner as Agent

Sec. 9. (1) Every partner is an agent of the partnership for the purpose of its business, and the act of every partner, including the execution in the partnership name of any instrument, for apparently carrying on in the usual way the business of the partnership of which he is a member binds the partnership, unless the partner so acting has in fact no authority to act for the partnership in the particular matter, and the person with whom he is dealing has knowledge of the fact that he has no such authority.(2) An act of a partner which is not apparently for the carrying on of the business of the partnership in the usual way does not bind the partnership unless authorized by the other partners.(3) Unless authorized by the other partners or unless they have abandoned the business, one (1) or more but less than all the partners have no authority to:(a) Assign the partnership property in trust for creditors or on the assignee's promise to pay the debts of the partnership,(b) Dispose of the good will of the business,(c) Do any other act which would make it impossible to carry on the ordinary business of a partnership,(d) Confess a judgment,(e) Submit a partnership claim or liability to arbitration or reference.(4) No act of a partner in contravention of a restriction on authority shall bind the partnership to persons having knowledge of the restriction.Formerly: Acts 1949, c.114, s.9.
IN Code § 23-4-1-10 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-10. Conveyance of Real Property of Partnership

Sec. 10. (1) Where title to real property is in the partnership name, any partner may convey title to such property by a conveyance executed in the partnership name; but the partnership may recover such property unless the partner's act binds the partnership under the provisions of section 9(1) of this chapter, or unless such property has been conveyed by the grantee or a person claiming through such grantee to a holder for value without knowledge that the partner, in making the conveyance, has exceeded his authority.(2) Where title to real property is in the name of the partnership, a conveyance executed by a partner, in his own name, passes the equitable interest of the partnership, provided the act is one within the authority of the partner under the provisions of section 9(1) of this chapter.(3) Where title to real property is in the name of one (1) or more but not all the partners, and the record does not disclose the right of the partnership, the partners in whose name the title stands may convey title to such property, but the partnership may recover such property if the partners' act does not bind the partnership under the provisions of section 9(1) of this chapter, unless the purchaser or his assignee, is a holder for value, without knowledge.(4) Where the title to real property is in the name of one (1) or more or all the partners, or in a third person in trust for the partnership, a conveyance executed by a partner in the partnership name, or in his own name, passes the equitable interest of the partnership, provided the act is one within the authority of the partner under the provisions of section 9(1) of this chapter.(5) Where the title to real property is in the names of all the partners, a conveyance executed by all the partners passes all their rights in such property.Formerly: Acts 1949, c.114, s.10. As amended by P.L.34-1987, SEC.293.
IN Code § 23-4-1-11 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-11. Partnership Bound by Admission of Partner

Sec. 11. An admission or representation made by any partner concerning partnership affairs within the scope of his authority as conferred by this chapter is evidence against the partnership.Formerly: Acts 1949, c.114, s.11. As amended by P.L.34-1987, SEC.294.
IN Code § 23-4-1-12 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-12. Partnership Charged With Knowledge of or Notice to Partner

Sec. 12. Notice to any partner of any matter relating to partnership affairs, and the knowledge of the partner acting in the particular matter, acquired while a partner or then present to his mind, and the knowledge of any other partner who reasonably could and should have communicated it to the acting partner, operate as notice or knowledge of the partnership, except in the case of a fraud on the partnership committed by or with the consent of that partner.Formerly: Acts 1949, c.114, s.12.
IN Code § 23-4-1-13 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-13. Partnership Bound by Partner's Wrongful Act

Sec. 13. Where, by any wrongful act or omission of any partner acting in the ordinary course of the business of the partnership or with the authority of his copartners, loss or injury is caused to any person, not being a partner in the partnership, or any penalty is incurred, the partnership is liable therefor to the same extent as the partner so acting or omitting to act.Formerly: Acts 1949, c.114, s.13.
IN Code § 23-4-1-14 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-14. Partnership Bound by Partner's Breach of Trust

Sec. 14. The partnership is bound to make good the loss:(a) Where one partner acting within the scope of his apparent authority receives money or property of a third person and misapplies it; and(b) Where the partnership in the course of its business receives money or property of a third person and the money or property so received is misapplied by any partner while it is in the custody of the partnership.Formerly: Acts 1949, c.114, s.14.
IN Code § 23-4-1-15 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-15. Nature of Partner Liability; Partnerships; Limited Liability Partnerships

Sec. 15. (1) Except as provided in paragraph (2), all partners are liable:(a) Jointly and severally for everything chargeable to the partnership under sections 13 and 14 of this chapter.(b) Jointly for all other debts and obligations of the partnership; but any partner may enter into a separate obligation to perform a partnership contract.(2) A partner of a limited liability partnership is not personally liable, directly or indirectly, including by way of indemnification, contribution, or otherwise, for:(a) the debts, obligations, or liabilities of, or chargeable to, the limited liability partnership or other partner or partners, whether arising in tort, contract, or otherwise; or(b) the acts or omissions of any other partner;solely by reason of being a partner, acting or failing to act as a partner, or participating as an employee, a consultant, a contractor, or otherwise in the conduct of the business or activities of the limited liability partnership while the partnership is a limited liability partnership.(3) A partner of a limited liability partnership may be personally liable for the partner's own acts or omissions.(4) A limited liability partnership is liable out of partnership assets for partnership debts, obligations, and liabilities.(5) A partner in a limited liability partnership is not a proper party to a proceeding by or against the limited liability partnership, the object of which is to recover any debts, obligations, or liabilities of, or chargeable to, the partnership, unless the partner is personally liable under paragraph (3).(6) The laws of Indiana or another jurisdiction may not impose personal liability on a partner in a limited liability partnership. The only actions required of a limited liability partnership or of individual partners in such a partnership in order to avail themselves of the limited liability provisions of this chapter are those required by this chapter.Formerly: Acts 1949, c.114, s.15. As amended by P.L.34-1987, SEC.295; P.L.230-1995, SEC.4.
IN Code § 23-4-1-16 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-16. Partner by Estoppel

Sec. 16. (1) When a person, by words spoken or written or by conduct, represents himself, or consents to another representing him or any one, as a partner in an existing partnership or with one (1) or more persons not actual partners, he is liable to any such person to whom such representation has been made, who has, on the faith of such representation, given credit to the actual or apparent partnership, and if he has made such representation or consented to its being made in a public manner he is liable to such person, whether the representation has or has not been made or communicated to such person so giving credit by or with the knowledge of the apparent partner making the representation or consenting to its being made.(a) When a partnership liability results, he is liable as though he were an actual member of the partnership.(b) When no partnership liability results, he is liable jointly with the other persons, if any, so consenting to the contract or representation as to incur liability, otherwise separately.(2) When a person has been thus represented to be a partner in an existing partnership, or with one (1) or more persons not actual partners, he is an agent of the persons consenting to such representation to bind them to the same extent and in the same manner as though he were a partner in fact, with respect to persons who rely upon the representation. Where all the members of the existing partnership consent to the representation, a partnership act or obligation results; but in all other cases it is the joint act or obligation of the person acting and the persons consenting to the representation.Formerly: Acts 1949, c.114, s.16.
IN Code § 23-4-1-17 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-17. Liability of Incoming Partner

Sec. 17. A person admitted as a partner into an existing partnership is liable for all the obligations of the partnership arising before his admission as though he had been a partner when such obligations were incurred, except that this liability shall be satisfied only out of partnership property.Formerly: Acts 1949, c.114, s.17.
IN Code § 23-4-1-18 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-18. Rules Determining Rights and Duties of Partners

Sec. 18. The rights and duties of the partners in relation to the partnership shall be determined, subject to any agreement between them, by the following rules:(a) Each partner shall be repaid his contributions, whether by way of capital or advances to the partnership property and share equally in the profits and surplus remaining after all liabilities, including those to partners, are satisfied; and except as provided in section 15(2) of this chapter, each partner must contribute toward the losses, whether of capital or otherwise, sustained by the partnership according to his share in the profits.(b) The partnership must indemnify every partner in respect of payments made and personal liabilities reasonably incurred by him in the ordinary and proper conduct of its business, or for the preservation of its business or property.(c) A partner, who in aid of the partnership makes any payment or advance beyond the amount of capital which he agreed to contribute, shall be paid interest from the date of the payment or advance.(d) A partner shall receive interest on the capital contributed by him only from the date when repayment should be made.(e) All partners have equal rights in the management and conduct of the partnership business.(f) No partner is entitled to remuneration for acting in the partnership business, except that a surviving partner is entitled to reasonable compensation for his services in winding up the partnership affairs.(g) No person can become a member of a partnership without the consent of all the partners.(h) Any difference arising as to ordinary matters connected with the partnership business may be decided by a majority of the partners; but no act in contravention of any agreement between the partners may be done rightfully without the consent of all the partners.Formerly: Acts 1949, c.114, s.18. As amended by P.L.230-1995, SEC.5.
IN Code § 23-4-1-19 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-19. Partnership Books

Sec. 19. The partnership books shall be kept, subject to any agreement between the partners, at the principal place of business of the partnership, and every partner shall at all times have access to and may inspect and copy any of them.Formerly: Acts 1949, c.114, s.19.
IN Code § 23-4-1-20 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-20. Duty of Partners to Render Information

Sec. 20. Partners shall render on demand true and full information of all things affecting the partnership to any partner or the legal representative of any deceased partner or partner under legal disability.Formerly: Acts 1949, c.114, s.20.
IN Code § 23-4-1-21 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-21. Partner Accountable as Fiduciary

Sec. 21. (1) Every partner must account to the partnership for any benefit, and hold as trustee for it any profits derived by him without the consent of the other partners from any transaction connected with the formation, conduct, or liquidation of the partnership or from any use by him of its property.(2) This section applies also to the representatives of a deceased partner engaged in the liquidation of the affairs of the partnership as the personal representatives of the last surviving partner.Formerly: Acts 1949, c.114, s.21.
IN Code § 23-4-1-22 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-22. Right to Account

Sec. 22. Any partner shall have the right to a formal account as to partnership affairs:(a) If he is wrongfully excluded from the partnership business or possession of its property by his copartners.(b) If the right exists under the terms of any agreement.(c) As provided by section 21 of this chapter.(d) Whenever other circumstances render it just and reasonable.Formerly: Acts 1949, c.114, s.22. As amended by P.L.34-1987, SEC.296.
IN Code § 23-4-1-23 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-23. Continuation of Partnership Beyond Fixed Term

Sec. 23. (1) When a partnership for a fixed term or particular undertaking is continued after the termination of such term or particular undertaking without any express agreement, the rights and duties of the partners remain the same as they were at such termination, so far as is consistent with a partnership at will.(2) A continuation of the business by the partners or such of them as habitually acted therein during the term, without any settlement or liquidation of the partnership affairs, is prima facie evidence of a continuation of the partnership.Formerly: Acts 1949, c.114, s.23.
IN Code § 23-4-1-24 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-24. Extent of Property Rights of Partner

Sec. 24. The property rights of a partner are (1) his rights in specific partnership property, (2) his interest in the partnership, and (3) his right to participate in the management.Formerly: Acts 1949, c.114, s.24.
IN Code § 23-4-1-25 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-25. Nature of Partner's Right in Specific Partnership Property

Sec. 25. (1) A partner is co-owner with his partners of specific partnership property holding as a tenant in partnership.(2) The incidents of this tenancy are such that:(a) A partner, subject to the provisions of this chapter and to any agreement between the partners, has an equal right with his partners to possess specific partnership property for partnership purposes; but he has no right to possess such property for any other purpose without the consent of his partners.(b) A partner's right in specific partnership property is not assignable except in connection with the assignment of rights of all the partners in the same property.(c) A partner's right in specific partnership property is not subject to attachment or execution, except on a claim against the partnership. When partnership property is attached for a partnership debt, the partners, or any of them, or the representatives of a deceased partner, cannot claim any right under the homestead or exemption laws.(d) On the death of a partner, his right in specific partnership property vests in the surviving partner or partners, except where the deceased was the last surviving partner, when his right in such property vests in his legal representative. Such surviving partner or partners, or the legal representative of the last surviving partner, has no right to possess the partnership property for any but a partnership purpose.(e) A partner's right in specific partnership property is not subject to allowances to surviving spouses, heirs, or next of kin.Formerly: Acts 1949, c.114, s.25. As amended by P.L.34-1987, SEC.297.
IN Code § 23-4-1-26 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-26. Nature of Partner's Interest in Partnership

Sec. 26. A partner's interest in the partnership is his share of the profits and surplus, and the same is personal property.Formerly: Acts 1949, c.114, s.26.
IN Code § 23-4-1-27 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-27. Assignment of Partner's Interest

Sec. 27. (1) A conveyance by a partner of his interest in the partnership does not of itself dissolve the partnership, nor, as against the other partners in the absence of agreement, entitle the assignee, during the continuance of the partnership, to interfere in the management or administration of the partnership business or affairs, or to require any information or account of partnership transactions, or to inspect the partnership books; but it merely entitles the assignee to receive in accordance with his contract the profits to which the assigning partner would otherwise be entitled.(2) In case of a dissolution of the partnership, the assignee is entitled to receive his assignor's interest and may require an account from the date only of the last account agreed to by all the partners.Formerly: Acts 1949, c.114, s.27.
IN Code § 23-4-1-28 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-28. Partner's Interest Subject to Charging Order

Sec. 28. (1) On due application to a competent court by any judgment creditor of a partner, the court which entered the judgment, order, or decree, or any other court, may charge the interest of the debtor partner with payment of the unsatisfied amount of such judgment debt with interest thereon; and may then or later appoint a receiver of his share of the profits, and of any other money due or to fall due to him in respect of the partnership, and make all other orders, directions, accounts, and inquiries which the debtor partner might have made, or which the circumstances of the case may require.(2) The interest charge may be redeemed at any time before foreclosure, or in case of a sale being directed by the court may be purchased without thereby causing a dissolution:(a) with separate property, by any one (1) or more of the partners; or(b) with partnership property, by any one (1) or more of the partners with the consent of all the partners whose interests are not so charged or sold.(3) Nothing in this chapter shall be held to deprive a partner of his right, if any, under the exemption laws, as regards his interest in the partnership.Formerly: Acts 1949, c.114, s.28. As amended by P.L.34-1987, SEC.298.
IN Code § 23-4-1-29 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-29. Dissolution Defined

Sec. 29. The dissolution of a partnership is the change in the relation of the partners caused by any partner ceasing to be associated in the carrying on as distinguished from the winding up of the business.Formerly: Acts 1949, c.114, s.29.
IN Code § 23-4-1-30 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 4. Partnerships|Chapter 1. Uniform Partnership Act|23-4-1-30. Partnership Not Terminated by Dissolution

Sec. 30. On dissolution the partnership is not terminated, but continues until the winding up of partnership affairs is completed.Formerly: Acts 1949, c.114, s.30.