Maine § 31 §1022 Formation of partnership

Maine Statutes

§ 31 §1022 — Formation of partnership

Maine·Title 31 PARTNERSHIPS AND ASSOCIATIONS·Ch. 17 UNIFORM PARTNERSHIP ACT

1.Formation of partnership. Except as otherwise provided in subsection 2, the association of 2 or more persons to carry on as co-owners a business for profit forms a partnership, whether or not the persons intend to form a partnership.

2.Not partnership. An association formed under a statute other than this chapter, a predecessor statute or a comparable statute of another jurisdiction is not a partnership under this chapter.

3.Determination of formation; rules. In determining whether a partnership is formed, the following rules apply.

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1.
Formation of partnership.
Except as otherwise provided in subsection 2, the association of 2 or more persons to carry on as co-owners a business for profit forms a partnership, whether or not the persons intend to form a partnership.
2.
Not partnership.
An association formed under a statute other than this chapter, a predecessor statute or a comparable statute of another jurisdiction is not a partnership under this chapter.
3.
Determination of formation; rules.
In determining whether a partnership is formed, the following rules apply.

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