West Virginia Statutes

§ 47B-1-1 — Definitions

West Virginia·Ch. 47B UNIFORM PARTNERSHIP ACT·Art. 1 GENERAL PROVISIONS

In this chapter:

(1)"Business" includes every trade, occupation and profession.
(2)"Debtor in bankruptcy" means a person who is the subject of:
(i)In order for relief under Title 11 of the United States Code or a comparable order under a successor statute of general application; or
(ii)A comparable order under federal, state or foreign law governing insolvency.
(3)"Deliver" or "delivery" means any method of delivery used in conventional commercial practice, including, but not limited to, delivery by hand, mail, commercial delivery and electronic transmission.
(4)"Distribution" means a transfer of money or other property from a partnership to a partner in the partner's capacity as a partner or to the partner's transferee.
(5)"Electronic transmission" or "electronically transmi

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Legislative History

2003 Reg. Sess., HB3108; 2001 Reg. Sess., HB2738; 1996 Reg. Sess., SB325; 1995 Reg. Sess., HB2226

Nearby Sections

15
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