Georgia § 14-8-38-1 Vesting of property of dissolved partnership in partnership continuing business

Georgia Statutes

§ 14-8-38-1 — Vesting of property of dissolved partnership in partnership continuing business

Georgia § 14-8-38-1

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This text of Georgia § 14-8-38-1 (Vesting of property of dissolved partnership in partnership continuing business) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 14-8-38-1 (2026).

Text

When a partnership is dissolved for any reason, either pursuant to the provisions of this chapter or the partnership agreement or otherwise, and the business is continued as a partnership, the title to any real property or other property vested in such dissolved partnership shall, by operation of law, be vested in the partnership continuing the business without reversion or impairment and without further act or deed or other instrument of transfer or conveyance.

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When a partnership is dissolved for any reason, either pursuant to the provisions of this chapter or the partnership agreement or otherwise, and the business is continued as a partnership, the title to any real property or other property vested in such dissolved partnership shall, by operation of law, be vested in the partnership continuing the business without reversion or impairment and without further act or deed or other instrument of transfer or conveyance.