Uniform Limited Partnership Act
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{{short description, Proposed NCCUSL legislation ::''(ULPA is also an acronym for ultra-low penetration air (ULPA) filters.)'' The Uniform Limited Partnership Act (ULPA), which includes its 1976 revision called the Revised Uniform Limited Partnership Act (RULPA), is a
uniform act In the United States, a uniform act is a proposed state law drafted and approved by the Uniform Law Commission (ULC), also known as the National Conference of Commissioners on Uniform State Laws (NCCUSL). Federalism in the United States tradit ...
(similar to a model
statute A statute is a law or formal written enactment of a legislature. Statutes typically declare, command or prohibit something. Statutes are distinguished from court law and unwritten law (also known as common law) in that they are the expressed wil ...
), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of business
partnership A partnership is an agreement where parties agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations. Organizations ...
s by
U.S. State In the United States, a state is a constituent political entity, of which there are 50. Bound together in a political union, each state holds governmental jurisdiction over a separate and defined geographic territory where it shares its so ...
s. The NCCUSL promulgated the original ULPA in 1916 and the most recent revision in 2001.


Names of Prior Revisions

The NCCUSL promulgated the original ULPA in 1916, which is now called the Uniform Limited Partnership Act (1916) or ULPA (1916); a 1976 revision named the Revised Uniform Limited Partnership Act which is also now called the Uniform Limited Partnership Act (1976), ULPA (1976) or RULPA (1976); a 1985 revision named Uniform Limited Partnership Act (1976) with 1985 Amendments, which is also now called ULPA (1985) or RULPA (1985); and a 2001 revision that was colloquially called Re-RULPA during the drafting process but then was officially named the Uniform Limited Partnership Act (2001) or ULPA (2001). The acts may also be properly referred to without parentheses by placing the year after a hyphen, for example, ULPA-1916.


See also

* Uniform Partnership Act * List of Uniform Acts (United States) *
Partnership A partnership is an agreement where parties agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations. Organizations ...


External links


Uniform Limited Partnership Act (2001)
(Official site)
Microsoft Word Format

WordPerfect Format
*NCCUSL'
Legislative Fact Sheet and list of states adopting ULPA
*NCCUSL'
ULPA Summary
*NCCUSL'

*NCCUSL'
Why States Should Adopt the ULPA

A User's Guide to the New Uniform Limited Partnership Act
by law professo
Daniel S. Kleinberger
published in 2004
Partnership A partnership is an agreement where parties agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations. Organizations ...
Partnerships