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| 1.__Informational publications.__The Secretary of State may | | establish by rule a fee schedule to cover the cost of printing and | | distribution of publications and to set forth the procedures for | | the sale of these publications. Rules adopted pursuant to this | | subsection are routine technical rules as defined in Title 5, | | chapter 375, subchapter 2-A. |
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| | | 2.__Funds; fees deposited.__All fees collected pursuant to | | this section must be deposited in a fund for use by the Secretary | | of State for the purpose of replacing and updating publications | | offered in accordance with this Title and for funding new | | publications. |
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| | | §1021.__Partnership as entity |
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| | | 1.__Distinct from partners.__A partnership is an entity | | distinct from its partners. |
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| | | 2.__Limited liability partnership.__A limited liability | | partnership continues to be the same entity that existed before | | the filing of a statement of qualification under section 821. |
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| | | §1022.__Formation of partnership |
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| | | 1.__Formation of partnership.__Except as otherwise provided in | | subsection 2, the association of 2 or more persons to carry on as | | co-owners a business for profit forms a partnership, whether or | | not the persons intend to form a partnership. |
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| | | 2.__Not partnership.__An association formed under a statute | | other than this chapter, a predecessor statute or a comparable | | statute of another jurisdiction is not a partnership under this | | chapter. |
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| | | 3.__Determination of formation; rules.__In determining whether | | a partnership is formed, the following rules apply. |
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| | | A.__Joint tenancy, tenancy in common, tenancy by the | | entireties, joint property, common property or part | | ownership does not by itself establish a partnership, even | | if the co-owners share profits made by the use of the | | property. |
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| | | B.__The sharing of gross returns does not by itself establish a | | partnership, even if the persons sharing them |
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