 On January 1, 2002, Tennessee's new Uniform Partnership Act (Tenn. Code Ann. Sections 61-1-101 through 61-1-1208) came into effect. You were taught Partnership law your first year in Law School for a reason, it touches on virtually every lawyer's practice. Isn't it time you studied Tennessee's "Revised Uniform Partnership Act," ("RUPA"), and understood the extensive changes? Now you can review the changes that came about on January 1, 2002, and also the "twitches" in Tennessee law throughout the last ten years. This course's goal is to give you a quick and topical look at these changes and the ways they fundamentally affect partnerships in Tennessee.
This course will provide you with the foundation you need to shore up your partnership knowledge and see how and where Tennessee has chosen to take Twenty-First Century partnership law. Review some of the amended terms, definitions and concepts of the RUPA, some of its more important effects, and new federal and state partnership taxations issues.
Learn how "RUPA promotes simplicity and certainty in partnership law by permitting a partnership to make various public filings." The RUPA also enhances the continuity of partnerships. Unlike the former act, it "provides that there are a number of 'dissociations' of a partner from a partnership that do not necessarily result in a dissolution of the partnership, but rather merely trigger the buyout of the departing partner. The RUPA also clarifies the fiduciary duty of partners to each other"
Course Credit: 1.0 Hours General Credit
Course Fee:
$45.00 - MBA Member
$65.00 - Non-Member
Special MBA Membership pricing is limited to Members in good standing of the Memphis Bar Association.
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