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The Uniform Partnership Act (UPA), which includes revisions that are sometimes called the Revised Uniform Partnership Act (RUPA), is a uniform act (similar to a model statute), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of business partnerships by U.S. States.
Section 306(c) of the Revised Uniform Partnership Act (1997) (RUPA), a standard statute adopted by a majority of the states, grants LLPs a form of limited liability similar to that of a corporation: An obligation of a partnership incurred while the partnership is a limited liability partnership, whether arising in contract, tort, or otherwise ...
It was drafted by the National Conference of Commissioners on Uniform State Laws in 1983 to promote more uniformity and predictability between state laws relating to premarital agreements in an increasing transient society. The UPAA was enacted to ensure that a premarital agreement that was validly entered into in one state would be honored by ...
Key takeaways. A corporation is a separate legal entity that issues shares (stake in the company) to owners and protects their personal liability
Savings and loan association definition. A savings and loan association (S&L) is a financial institution that provides banking and home lending services. It is somewhat comparable to a bank or ...
Debt consolidation: A debt consolidation loan is a type of personal loan that allows you to roll multiple lines of high-interest debt into a single account with a fixed monthly payment.
Upa, a character in Bio Miracle Bokutte Upa; Urban Partnership Agreement, an effort by the United States Department of Transportation to reduce congestion; Urban Protection Agency, a fictional organisation in Project Eden
The biggest difference between a secured and unsecured business line of credit is that collateral isn’t required. But even with an unsecured line of credit, you’re not completely off the hook ...