New York Partnership Law

E662321

business entity statute state statute

New York Partnership Law is a body of New York State statutes that governs the formation, operation, and dissolution of partnerships and related business entities within the state.

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Statements (36)

Predicate	Object
instanceOf	business entity statute ⓘ state statute ⓘ
appliesTo	partnerships doing business in New York State ⓘ
citationJurisdiction	New York NERFINISHED ⓘ
enforcedBy	New York State courts NERFINISHED ⓘ
governs	general partnerships ⓘ limited partnerships ⓘ partnership dissolution ⓘ partnership formation ⓘ partnership operation ⓘ partnerships formed under New York law ⓘ partners’ duties ⓘ partners’ liabilities ⓘ partners’ rights ⓘ
hasPurpose	to define legal relationships among partners ⓘ to protect partners and third parties in partnership transactions ⓘ to provide default rules for partnerships in New York ⓘ
jurisdiction	New York State NERFINISHED ⓘ
language	English ⓘ
legalSystem	common law system of New York ⓘ
partOf	statutory law of the State of New York ⓘ
regulates	admission of new partners ⓘ allocation of profits and losses among partners ⓘ authority of partners to bind the partnership ⓘ distribution of partnership assets on dissolution ⓘ fiduciary duties of partners ⓘ liability of partners to third parties ⓘ registration requirements for certain partnerships ⓘ winding up of partnership affairs ⓘ withdrawal of partners ⓘ
subjectMatter	agency principles as applied to partners ⓘ business organizations ⓘ commercial law ⓘ
usedBy	attorneys practicing business law in New York ⓘ business owners forming partnerships in New York ⓘ courts in New York State ⓘ

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Division of Corporations, State Records and Uniform Commercial Code → appliesLegalFramework → New York Partnership Law ⓘ