805 ILCS 206/ – Uniform Partnership Act (1997) | Midpage

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206

805 ILCS 206/

Uniform Partnership Act (1997)

100Short title 1001Statement of qualification 1002Name 1003Renewal statements 1004Reinstatement of limited liability partnership status 1005Resignation of agent for service of process upon a limited liability partnership 101Definitions 102Knowledge and notice 103Effect of partnership agreement; nonwaivable provisions 104Supplemental principles of law 105.5Electronic filing 105Execution, filing, and recording of statements 106Governing law 107Partnership subject to amendment or repeal of Act 108Fees 109Illinois Administrative Procedure Act 1101Law governing foreign limited liability partnership 1102Statement of foreign qualification 1103Effect of failure to qualify 1104Activities not constituting transacting business 1105Action by Attorney General 1106Resignation of agent for service of process upon a foreign limited liability partnership 1201Uniformity of application and construction 1202805 Ilcs 206/1202 1203Severability clause 1204805 Ilcs 206/1204 1205805 Ilcs 206/1205 1206Applicability 1207Savings clause 1208Powers of the Secretary of State; rulemaking 1209Expedited services; fees 1290805 Ilcs 206/1290 1295805 Ilcs 206/1295 1299Effective date 201Partnership as entity 202Formation of partnership 203Partnership property 204When property is partnership property 301Partner agent of partnership 302Transfer of partnership property 303Statement of partnership authority 304Statement of denial 305Partnership liable for partner's actionable conduct 306Partner's liability 307Actions by and against partnership and partners 308Liability of purported partner 401Partner's rights and duties 402Distributions in kind 403Partner's rights and duties with respect to information 404General standards of partner's conduct 405Actions by partnership and partners 406Continuation of partnership beyond definite term or particular undertaking 501Partner not co-owner of partnership property 502Partner's transferable interest in partnership 503Transfer of partner's transferable interest 504Partner's transferable interest subject to charging order 601Events causing partner's dissociation 602Partner's power to dissociate; wrongful dissociation 603Effect of partner's dissociation 701Purchase of dissociated partner's interest 702Dissociated partner's power to bind and liability to partnership 703Dissociated partner's liability to other persons 704Statement of dissociation 705Continued use of partnership name 801Events causing dissolution and winding up of partnership business 802Partnership continues after dissolution 803Right to wind up partnership business 804Partner's power to bind partnership after dissolution 805Statement of dissolution 806Partner's liability to other partners after dissolution 807Settlement of accounts and contributions among partners 901Definitions 902Conversions and domestications 903805 Ilcs 206/903 904805 Ilcs 206/904 905Merger of partnerships 906Effect of merger 907Statement of merger 908Merger of partnership and limited liability company 909805 Ilcs 206/909 910Nonexclusive