Long Title
Nature of Partnership
1 Definition of partnership
2 Rules for determining existence of partnership
3 Postponement of rights of person lending or selling in consideration of share of profits in case of insolvency
4 Meaning of firm
Relations of Partners to Persons Dealing with Them
5 Power of partner to bind firm
6 Partners bound by acts on behalf of firm
7 Partner using credit of firm for private purposes
8 Effect of notice that firm will not be bound by acts of partner
9 Liability of partners
10 Liability of firm for wrongs
11 Misappplication of money or property received for or in custody of firm
12 Liability for wrongs joint and several
13 Improper employment of trust property for partnership purposes
14 Persons liable by "holding out"
15 Admissions and representations of partners
16 Notice to acting partner to be notice to firm
17 Liabilities of incoming and outgoing partners
18 Revocation of continuing guaranty by change in firm
Relations of Partners to One Another
19 Variation by consent of terms of partnership
20 Partnership property
21 Property bought with partnership money
22 Conversion into personal estate of land held as partnership property
23 Procedure against partnership property for a partner’s separate judgment debt
24 Rules as to interests and duties of partners subject to special agreement
25 Expulsion of partner
26 Retirement from partnership at will
27 Where partnership for term is continued over, continuance on old terms presumed
28 Duty of partners to render accounts, etc.
29 Accountability of partners for private profits
30 Duty of partner not to compete with firm
31 Rights of assignee of share in partnership
Dissolution of Partnership, and its Consequences
32 Dissolution by expiration or notice
33 Dissolution by bankruptcy, death or charge
34 Dissolution by illegality of partnership
35 Dissolution by court
36 Rights of persons dealing with firm against apparent members of firm
37 Right of partners to notify dissolution
38 Continuing authority of partners for purposes of winding up
39 Rights of partners as to application of partnership property
40 Apportionment of premium where partnership prematurely dissolved
41 Rights where partnership dissolved for fraud or misrepresentation
42 Right of outgoing partner in certain cases to share profits made after dissolution
43 Retiring or deceased partner’s share to be a debt
44 Rule for distribution of assets on final settlement of accounts
Supplemental
45 Interpretation
46 Saving for rules of equity and common law
47 Short title
Legislative History