362.185 Partnership property.
89 words·~1 min read·
/ky/chapter-362/362-185A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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.