New Mexico Statutes 54-1A-1202. Short title
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This act N.M. Stat. Ann. § 54-1A-101 to 54-1A-1206 may be cited as the “Uniform Partnership Act (1994)”.
Terms Used In New Mexico Statutes 54-1A-1202
- 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.