Illinois Compiled Statutes 805 Business Organizations: Article 4 - Relations Of Partners To Each Other And To Partnership

• Illinois Uniform Partnership Act (1997). - 805 ILCS 206, Section 401
  Partner's rights and duties. (a) Each partner is deemed to have an account that is: (1) credited with an amount equal to the money...
• Illinois Uniform Partnership Act (1997). - 805 ILCS 206, Section 402
  Distributions in kind. A partner has no right to receive, and may not be required to accept, a distribution in kind. (Source: P.A. 92-740,...
• Illinois Uniform Partnership Act (1997). - 805 ILCS 206, Section 403
  Partner's rights and duties with respect to information. (a) A partnership shall keep its books and records, if any, at its chief executive office....
• Illinois Uniform Partnership Act (1997). - 805 ILCS 206, Section 404
  General standards of partner's conduct. (a) The fiduciary duties a partner owes to the partnership and the other partners include the duty of loyalty...
• Illinois Uniform Partnership Act (1997). - 805 ILCS 206, Section 405
  Actions by partnership and partners. (a) A partnership may maintain an action against a partner for a breach of the partnership agreement, or for...
• Illinois Uniform Partnership Act (1997). - 805 ILCS 206, Section 406
  Continuation of partnership beyond definite term or particular undertaking. (a) If a partnership for a definite term or particular undertaking is continued, without an...

Last modified: February 18, 2015