South Dakota Codified Laws 48-7-1102. Short title
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This chapter may be cited as the Uniform Limited Partnership Act.
Terms Used In South Dakota Codified Laws 48-7-1102
- 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.
Source: SL 1986, ch 391, § 1102.