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DIGEST OF INTRODUCED BILL
Revised Uniform Partnership Act. Changes the Indiana Uniform Partnership Act to conform to the Revised Uniform Partnership Act. Provides for partnership administration and partnership property ownership rights, including conveyance procedures. Makes changes to the liability and fiduciary duty of a partnership and the partners. Provides for the dissolution and conversion of partnerships and for the merger of partnerships and limited partnerships. Makes other changes and conforming amendments. Repeals superseded statutes.