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Terms Used In Indiana Code 34-30-2.1-339

  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
   Sec. 339. IC 23-16-8-4 (Concerning assignees of a limited partnership interest for certain obligations of a limited partnership).

As added by P.L.105-2022, SEC.12.