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North Carolina General Statutes
Chapter 59: Partnership.

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Article 1 - Uniform Limited Partnership Act. [HTML] [RTF]
G.S. 59-1 through 59-30.1 59-1 through 59-30.1: Repealed by Session Laws 1985 (Regular Session, 1986), c. 989, s. 2.[HTML] [RTF]
Article 2 - Uniform Partnership Act. [HTML] [RTF]
G.S. 59-31 59-31. North Carolina Uniform Partnership Act.[HTML] [RTF]
G.S. 59-32 59-32. Definition of terms.[HTML] [RTF]
G.S. 59-33 59-33. Interpretation of knowledge and notice.[HTML] [RTF]
G.S. 59-34 59-34. Rules of construction.[HTML] [RTF]
G.S. 59-35 59-35. Rules for cases not provided for in this Act.[HTML] [RTF]
G.S. 59-35.1 59-35.1. Filing of documents.[HTML] [RTF]
G.S. 59-35.2 59-35.2. Filing, service, and copying fees.[HTML] [RTF]
G.S. 59-36 59-36. Partnership defined.[HTML] [RTF]
G.S. 59-37 59-37. Rules for determining the existence of a partnership.[HTML] [RTF]
G.S. 59-38 59-38. Partnership property.[HTML] [RTF]
G.S. 59-39 59-39. Partner agent of partnership as to partnership business.[HTML] [RTF]
G.S. 59-39.1 59-39.1. Act, admission or acknowledgment by partner.[HTML] [RTF]
G.S. 59-40 59-40. Conveyance of real property of the partnership.[HTML] [RTF]
G.S. 59-41 59-41. Partnership bound by admission of partner.[HTML] [RTF]
G.S. 59-42 59-42. Partnership charged with knowledge of or notice to partner.[HTML] [RTF]
G.S. 59-43 59-43. Partnership bound by partner's wrongful act.[HTML] [RTF]
G.S. 59-44 59-44. Partnership bound by partner's breach of trust.[HTML] [RTF]
G.S. 59-45 59-45. Nature of partner's liability in ordinary partnerships and in registered limited liability partnerships.[HTML] [RTF]
G.S. 59-46 59-46. Partner by estoppel.[HTML] [RTF]
G.S. 59-47 59-47. Liability of incoming partner.[HTML] [RTF]
G.S. 59-48 59-48. Rules determining rights and duties of partners.[HTML] [RTF]
G.S. 59-49 59-49. Partnership books.[HTML] [RTF]
G.S. 59-50 59-50. Duty of partners to render information.[HTML] [RTF]
G.S. 59-51 59-51. Partner accountable as a fiduciary.[HTML] [RTF]
G.S. 59-52 59-52. Right to an account.[HTML] [RTF]
G.S. 59-53 59-53. Continuation of partnership beyond fixed term.[HTML] [RTF]
G.S. 59-54 59-54. Extent of property rights of a partner.[HTML] [RTF]
G.S. 59-55 59-55. Nature of a partner's right in specific partnership property.[HTML] [RTF]
G.S. 59-56 59-56. Nature of partner's interest in the partnership.[HTML] [RTF]
G.S. 59-57 59-57. Assignment of partner's interest.[HTML] [RTF]
G.S. 59-58 59-58. Partner's interest subject to charging order.[HTML] [RTF]
G.S. 59-59 59-59. Dissolution defined.[HTML] [RTF]
G.S. 59-60 59-60. Partnership not terminated by dissolution.[HTML] [RTF]
G.S. 59-61 59-61. Causes of dissolution.[HTML] [RTF]
G.S. 59-62 59-62. Dissolution by decree of court.[HTML] [RTF]
G.S. 59-63 59-63. General effect of dissolution on authority of partner.[HTML] [RTF]
G.S. 59-64 59-64. Right of partner to contribution from copartners after dissolution.[HTML] [RTF]
G.S. 59-65 59-65. Power of partner to bind partnership to third persons after dissolution; publication of notice of dissolution.[HTML] [RTF]
G.S. 59-66 59-66. Effect of dissolution on partner's existing liability.[HTML] [RTF]
G.S. 59-67 59-67. Right to wind up.[HTML] [RTF]
G.S. 59-68 59-68. Rights of partners to application of partnership property.[HTML] [RTF]
G.S. 59-69 59-69. Rights where partnership is dissolved for fraud or misrepresentation.[HTML] [RTF]
G.S. 59-70 59-70. Rules for distribution.[HTML] [RTF]
G.S. 59-71 59-71. Liability of persons continuing the business in certain cases.[HTML] [RTF]
G.S. 59-72 59-72. Rights of retiring partner or estate of deceased partner when the business is continued.[HTML] [RTF]
G.S. 59-73 59-73. Accrual of actions.[HTML] [RTF]
Article 2A - Conversion and Merger. [HTML] [RTF]
G.S. 59-73.1 59-73.1. Definitions.[HTML] [RTF]
G.S. 59-73.2 59-73.2: Recodified as 59-73.20 by Session Laws 2001-387, s. 105(b).[HTML] [RTF]
G.S. 59-73.3 59-73.3: Recodified as 59-73.30 by Session Laws 2001-387, s. 105(b).[HTML] [RTF]
G.S. 59-73.4 59-73.4: Recodified as 59-73.31 by Session Laws 2001-387, s. 105(b).[HTML] [RTF]
G.S. 59-73.5 59-73.5: Recodified as 59-73.32 by Session Laws 2001-387, s. 105(b).[HTML] [RTF]
G.S. 59-73.6 59-73.6: Recodified as 59-73.33 by Session Laws 2001-387, s. 105(b).[HTML] [RTF]
G.S. 59-73.7 59-73.7: Recodified as 59-35.1 by Session Laws 2001-358, s. 9.[HTML] [RTF]
G.S. 59-73.8 59-73.8. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-73.9 59-73.9. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-73.10 59-73.10. Conversion.[HTML] [RTF]
G.S. 59-73.11 59-73.11. Plan of conversion.[HTML] [RTF]
G.S. 59-73.12 59-73.12. Filing of articles of conversion by converting business entity.[HTML] [RTF]
G.S. 59-73.13 59-73.13. Effects of conversion.[HTML] [RTF]
G.S. 59-73.14 through 59-73.19 59-73.14 through 59-73.19. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-73.20 59-73.20. Conversion.[HTML] [RTF]
G.S. 59-73.21 59-73.21. Plan of conversion.[HTML] [RTF]
G.S. 59-73.22 59-73.22. Articles of conversion.[HTML] [RTF]
G.S. 59-73.23 59-73.23. Effects of conversion.[HTML] [RTF]
G.S. 59-73.24 through 59-73.29 59-73.24 through 59-73.29. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-73.30 59-73.30. Merger.[HTML] [RTF]
G.S. 59-73.31 59-73.31. Plan of merger.[HTML] [RTF]
G.S. 59-73.32 59-73.32. Articles of merger.[HTML] [RTF]
G.S. 59-73.33 59-73.33. Effects of merger.[HTML] [RTF]
Article 3 - Surviving Partners. [HTML] [RTF]
G.S. 59-74 59-74. Surviving partner to give bond.[HTML] [RTF]
G.S. 59-75 59-75. Effect of failure to give bond.[HTML] [RTF]
G.S. 59-76 59-76. Surviving partner and personal representative to make inventory.[HTML] [RTF]
G.S. 59-77 59-77. When personal representative may take inventory; receiver.[HTML] [RTF]
G.S. 59-78 59-78. Notice to creditors.[HTML] [RTF]
G.S. 59-79 59-79. Debts paid pro rata; liens.[HTML] [RTF]
G.S. 59-80 59-80. Effect of failure to present claim in six months.[HTML] [RTF]
G.S. 59-81 59-81. Procedure for purchase by surviving partner.[HTML] [RTF]
G.S. 59-82 59-82. Surviving partner to account and settle.[HTML] [RTF]
G.S. 59-83 59-83. Accounting compelled.[HTML] [RTF]
G.S. 59-84 59-84. Settlement otherwise provided for.[HTML] [RTF]
Article 3A - Miscellaneous Provisions. [HTML] [RTF]
G.S. 59-84.1 59-84.1. (Effective until July 1, 2017 see note for contingency) Partnership to comply with "assumed name" statute; income taxation.[HTML] [RTF]
Article 3B - Registered Limited Liability Partnerships. [HTML] [RTF]
G.S. 59-84.2 59-84.2. Registered limited liability partnerships.[HTML] [RTF]
G.S. 59-84.3 59-84.3. Name of registered limited liability partnerships.[HTML] [RTF]
G.S. 59-84.4 59-84.4. Annual report for Secretary of State.[HTML] [RTF]
Article 4 - Business under Assumed Name Regulated. [HTML] [RTF]
G.S. 59-85 through 59-88 59-85 through 59-88: Transferred to 66-68 to 66-71 by Session Laws 1951, c. 381, s. 7.[HTML] [RTF]
G.S. 59-89 59-89. Transferred to 66-72 by Session Laws 1951, c. 381, s. 8.[HTML] [RTF]
Article 4A - Foreign Limited Liability Partnerships. [HTML] [RTF]
G.S. 59-90 59-90. Law governing foreign limited liability partnership.[HTML] [RTF]
G.S. 59-91 59-91. Statement of foreign registration.[HTML] [RTF]
G.S. 59-92 59-92. Effect of failure to register.[HTML] [RTF]
G.S. 59-93 59-93. Activities not constituting transacting business.[HTML] [RTF]
G.S. 59-94 59-94. Action by Attorney General.[HTML] [RTF]
G.S. 59-95 through 59-100 59-95 through 59-100. Reserved for future codification purposes.[HTML] [RTF]
Article 5 - Revised Uniform Limited Partnership Act. [HTML] [RTF]
G.S. 59-101 59-101. Short title.[HTML] [RTF]
G.S. 59-102 59-102. Definitions.[HTML] [RTF]
G.S. 59-103 59-103. Name.[HTML] [RTF]
G.S. 59-104 59-104: Repealed by Session Laws 2001-358, s. 33.[HTML] [RTF]
G.S. 59-105 59-105. Registered office and registered agent.[HTML] [RTF]
G.S. 59-106 59-106. Records to be kept.[HTML] [RTF]
G.S. 59-107 59-107. Nature of business.[HTML] [RTF]
G.S. 59-108 59-108. Business transactions of partner with the partnership.[HTML] [RTF]
G.S. 59-109 through 59-200 59-109 through 59-200. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-201 59-201. Certificate of limited partnership.[HTML] [RTF]
G.S. 59-202 59-202. Amendment to certificate.[HTML] [RTF]
G.S. 59-203 59-203. Cancellation of certificate.[HTML] [RTF]
G.S. 59-204 59-204. Execution of documents.[HTML] [RTF]
G.S. 59-205 59-205. Execution by judicial act.[HTML] [RTF]
G.S. 59-206 59-206. Filing requirements.[HTML] [RTF]
G.S. 59-206.1 59-206.1 through 59-206.2: Repealed by Session Laws 2001-358, s. 10(e), effective January 1, 2002.[HTML] [RTF]
G.S. 59-206.2 59-206.1 through 59-206.2: Repealed by Session Laws 2001-358, s. 10(e), effective January 1, 2002.[HTML] [RTF]
G.S. 59-207 59-207. Liability for false statement in certificate.[HTML] [RTF]
G.S. 59-208 59-208. Notice.[HTML] [RTF]
G.S. 59-209 59-209. Certificate of existence.[HTML] [RTF]
G.S. 59-210 59-210. Limited liability limited partnerships.[HTML] [RTF]
G.S. 59-211 through 59-300 59-211 through 59-300. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-301 59-301. Admission of limited partners.[HTML] [RTF]
G.S. 59-302 59-302. Voting.[HTML] [RTF]
G.S. 59-303 59-303. Liability to third parties.[HTML] [RTF]
G.S. 59-304 59-304. Person erroneously believing himself limited partner.[HTML] [RTF]
G.S. 59-305 59-305. Information.[HTML] [RTF]
G.S. 59-306 through 59-400 59-306 through 59-400. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-401 59-401. Admission of additional general partners.[HTML] [RTF]
G.S. 59-402 59-402. Events of withdrawal.[HTML] [RTF]
G.S. 59-403 59-403. General powers and liabilities.[HTML] [RTF]
G.S. 59-404 59-404. Contributions by a general partner.[HTML] [RTF]
G.S. 59-405 59-405. Voting.[HTML] [RTF]
G.S. 59-406 through 59-500 59-406 through 59-500. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-501 59-501. Form of contribution.[HTML] [RTF]
G.S. 59-502 59-502. Liability for contributions.[HTML] [RTF]
G.S. 59-503 59-503. Sharing income, gain, loss, deduction or credit.[HTML] [RTF]
G.S. 59-504 59-504. Sharing of distributions.[HTML] [RTF]
G.S. 59-505 through 59-600 59-505 through 59-600. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-601 59-601. Interim distributions.[HTML] [RTF]
G.S. 59-602 59-602. Withdrawal of general partner.[HTML] [RTF]
G.S. 59-603 59-603. Withdrawal of limited partner.[HTML] [RTF]
G.S. 59-604 59-604. Distribution upon withdrawal.[HTML] [RTF]
G.S. 59-605 59-605. Distribution in kind.[HTML] [RTF]
G.S. 59-606 59-606. Right to distribution.[HTML] [RTF]
G.S. 59-607 59-607. Limitations on distribution.[HTML] [RTF]
G.S. 59-608 59-608. Liability upon return of contribution.[HTML] [RTF]
G.S. 59-609 through 59-700 59-609 through 59-700. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-701 59-701. Nature of partnership interest.[HTML] [RTF]
G.S. 59-702 59-702. Assignment of partnership interest.[HTML] [RTF]
G.S. 59-703 59-703. Rights of creditor.[HTML] [RTF]
G.S. 59-704 59-704. Right of assignee to become limited partner.[HTML] [RTF]
G.S. 59-705 59-705. Power of estate of deceased or incompetent partner.[HTML] [RTF]
G.S. 59-706 through 59-800 59-706 through 59-800. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-801 59-801. Nonjudicial dissolution.[HTML] [RTF]
G.S. 59-802 59-802. Judicial dissolution.[HTML] [RTF]
G.S. 59-803 59-803. Winding up.[HTML] [RTF]
G.S. 59-804 59-804. Distribution of assets.[HTML] [RTF]
G.S. 59-805 through 59-900 59-805 through 59-900. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-901 59-901. Law governing.[HTML] [RTF]
G.S. 59-902 59-902. Registration.[HTML] [RTF]
G.S. 59-903 59-903. Issuance of registration.[HTML] [RTF]
G.S. 59-904 59-904. Name.[HTML] [RTF]
G.S. 59-905 59-905. Changes and amendments.[HTML] [RTF]
G.S. 59-906 59-906. Cancellation of registration.[HTML] [RTF]
G.S. 59-907 59-907. Transaction of business without registration.[HTML] [RTF]
G.S. 59-908 59-908. Action by Attorney General.[HTML] [RTF]
G.S. 59-909 59-909. Withdrawal of foreign limited partnership by reason of a merger, consolidation, or conversion.[HTML] [RTF]
G.S. 59-910 through 59-1000 59-910 through 59-1000. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-1001 59-1001. Right of action.[HTML] [RTF]
G.S. 59-1002 59-1002. Proper plaintiff.[HTML] [RTF]
G.S. 59-1003 59-1003. Pleading.[HTML] [RTF]
G.S. 59-1004 59-1004. Expenses.[HTML] [RTF]
G.S. 59-1005 59-1005. Dismissal of action.[HTML] [RTF]
G.S. 59-1006 59-1006. Construction.[HTML] [RTF]
G.S. 59-1007 through 59-1049 59-1007 through 59-1049. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-1050 59-1050. Conversion.[HTML] [RTF]
G.S. 59-1051 59-1051. Plan of conversion.[HTML] [RTF]
G.S. 59-1052 59-1052. Filing of certificate of limited partnership.[HTML] [RTF]
G.S. 59-1053 59-1053. Effects of conversion.[HTML] [RTF]
G.S. 59-1054 59-1054: Recodified as 59-1070 by Session Laws 2001-387, s. 143.[HTML] [RTF]
G.S. 59-1055 59-1055: Recodified as 59-1071 by Session Laws 2001-387, s. 143.[HTML] [RTF]
G.S. 59-1056 59-1056: Recodified as 59-1072 by Session Laws 2001-387, s. 143.[HTML] [RTF]
G.S. 59-1057 59-1057: Recodified as 59-1073 by Session Laws 2001-387, s. 143.[HTML] [RTF]
G.S. 59-1058 59-1058. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-1059 59-1059. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-1060 59-1060. Conversion.[HTML] [RTF]
G.S. 59-1061 59-1061. Plan of conversion.[HTML] [RTF]
G.S. 59-1062 59-1062. Articles of conversion.[HTML] [RTF]
G.S. 59-1063 59-1063. Effects of conversion.[HTML] [RTF]
G.S. 59-1064 through 59-1069 59-1064 through 59-1069. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-1070 59-1070. Merger.[HTML] [RTF]
G.S. 59-1071 59-1071. Plan of merger.[HTML] [RTF]
G.S. 59-1072 59-1072. Articles of merger.[HTML] [RTF]
G.S. 59-1073 59-1073. Effects of merger.[HTML] [RTF]
G.S. 59-1074 through 59-1100 59-1074 through 59-1100. Reserved for future codification purposes.[HTML] [RTF]
G.S. 59-1101 59-1101. Construction and application.[HTML] [RTF]
G.S. 59-1102 59-1102. Rules for cases not provided for in this Article.[HTML] [RTF]
G.S. 59-1103 59-1103. Severability.[HTML] [RTF]
G.S. 59-1104 59-1104. Effective date and repeal.[HTML] [RTF]
G.S. 59-1105 59-1105: Repealed by Session Laws 2001-387, s. 148, effective January 1, 2002.[HTML] [RTF]
G.S. 59-1106 59-1106. Filing, service, and copying fees.[HTML] [RTF]
G.S. 59-1107 59-1107. Income taxation.[HTML] [RTF]