N.H. Code Admin. R. Rev 302.02
Partnerships
Effective Apr 3, 2025#4192, eff 12-23-86; ss by #4438, eff 6-22-88; ss by #5490, eff 10-19-92; ss by #6853, eff 9-23-98; ss by #8709, eff 8-25-06; ss by #10758, eff 1-16-15; amd by #12186, eff 5-25-17; ss by #14231, eff 4-3-25, EXPIRES 4-3-35Department of Revenue Administration
- (a) Co-owners of property shall be considered partners in a business organization if they conduct business activity with the intent of dividing the profits.
- (b) Co-owners of property which is maintained, kept in repair, rented, or leased shall not, in and of itself, create a partnership.
Source. #4192, eff 12-23-86; ss by #4438, eff 6-22-88; ss by #5490, eff 10-19-92; ss by #6853, eff 9-23-98; ss by #8709, eff 8-25-06; ss by #10758, eff 1-16-15; amd by #12186, eff 5-25-17; ss by #14231, eff 4-3-25, EXPIRES 4-3-35