§ 8424. When property is partnership property
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 15 Pa.C.S.A. Corporations and Unincorporated AssociationsEffective: February 21, 2017
Effective: February 21, 2017
15 Pa.C.S.A. § 8424
Formerly cited as PA ST 15 Pa.C.S.A. § 8313
§ 8424. When property is partnership property
(b) Property purchased with partnership assets.--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.
Credits
2016, Nov. 21, P.L. 1328, No. 170, § 25, effective in 90 days [Feb. 21, 2017].
15 Pa.C.S.A. § 8424, PA ST 15 Pa.C.S.A. § 8424
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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