Kansas Statutes 56a-201. Partnership as entity
Current as of: 2023 | Check for updates
|
Other versions
(a) A partnership is an entity distinct from its partners.
(b) A limited liability partnership continues to be the same entity that existed before the filing of a statement of qualification under Kan. Stat. Ann. § 56a-1001.
Terms Used In Kansas Statutes 56a-201
- 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.