Wyoming § 17-21-204 When property is partnership property

Wyoming Statutes

§ 17-21-204 — When property is partnership property

Wyoming § 17-21-204

Title 17Corporations, Partnerships and Associations

Ch. 21UNIFORM PARTNERSHIP ACT

Art. 2NATURE OF PARTNERSHIP

This text of Wyoming § 17-21-204 (When property is partnership property) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 17-21-204 (2026).

Text

(a)Property is partnership property if acquired:

(i)In the name of the partnership; or

(ii)In the name of one (1) or more partners with an indication in the instrument transferring title to the property of the person's capacity as a partner or of the existence of a partnership, but without an indication of the name of the partnership.

(b)Property is acquired in the name of the partnership by a transfer to:

(i)The partnership in its name; or

(ii)One (1) or more partners in their capacity as partners in the partnership, if the name of the partnership is indicated in the instrument transferring title to the property.

(c)Property is presumed to be partnership property if purchased with partnership assets, even if not acquired in the name of the partnership or of one (1) or more partners

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(a) Property is partnership property if acquired:
(i) In the name of the partnership; or
(ii) In the name of one (1) or more partners with an
indication in the instrument transferring title to the property
of the person's capacity as a partner or of the existence of a
partnership, but without an indication of the name of the
partnership.
(b) Property is acquired in the name of the partnership by
a transfer to:
(i) The partnership in its name; or
(ii) One (1) or more partners in their capacity as
partners in the partnership, if the name of the partnership is
indicated in the instrument transferring title to the property.
(c) Property is presumed to be partnership property if
purchased with partnership assets, even if not acquired in the
name of the partnership or of one (1) or more partners with an
indication in the instrument transferring title to the property
of the person's capacity as a partner or of the existence of a
partnership.
(d) Property acquired in the name of one (1) or more of
the partners, without an indication in the instrument
transferring title to the property of the person's capacity as a
partner or of the existence of a partnership and without use of
partnership assets, is presumed to be separate property even if
used for partnership purposes.