Mass. Gen. Laws ch. 108A § 8

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
Section 108A:8 - Partnership property; definition; acquisition and conveyance
(1) All property originally brought into the partnership stock or subsequently acquired, by purchase or otherwise, on account of the partnership is partnership property.
(2) Unless the contrary intention appears, property acquired with partnership funds is partnership property.
(3) Any estate in real property may be acquired in the partnership name. Title so acquired can be conveyed only in the partnership name.
(4) A conveyance to a partnership in the partnership name, though without words of inheritance, passes the entire estate of the grantor unless a contrary intent appears.

Mass. Gen. Laws ch. 108A, § 8