{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/50-73.147.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/50-73.147.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/50-73.147.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/50-73.147.html"}],"law_id":80601,"edition_id":1,"section_id":80601,"structure_id":13728,"section_number":"50-73.147","catch_line":"Applicability","history":"1996, c. 292.","full_text":"A\n\nBefore January 1, 2000, this chapter governs only a partnership formed:1\n\nOn and after July 1, 1997, unless that partnership is continuing the business of a dissolved partnership under § 50-41 of the Uniform Partnership Act as it existed on July 1, 1997; and2\n\nBefore July 1, 1997, that elects, as provided by subsection C, to be governed by this chapter.B\n\nEffective January 1, 2000, this chapter governs all partnerships.C\n\nBefore January 1, 2000, a partnership voluntarily may elect, in the manner provided in its partnership agreement or by law for amending the partnership agreement, to be governed by this chapter. The provisions of this chapter relating to the liability of the partnership’s partners to third parties apply to limit those partners’ liability to a third party who had done business with the partnership within one year preceding the partnership’s election to be governed by this chapter, only if the third party knows or has received a notification of the partnership’s election to be governed by this chapter.","order_by":null,"text":{"0":{"id":288912,"text":"Before January 1, 2000, this chapter governs only a partnership formed:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":288913,"text":"On and after July 1, 1997, unless that partnership is continuing the business of a dissolved partnership under § 50-41 of the Uniform Partnership Act as it existed on July 1, 1997; and","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":288914,"text":"Before July 1, 1997, that elects, as provided by subsection C, to be governed by this chapter.","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"B"},"3":{"id":288915,"text":"Effective January 1, 2000, this chapter governs all partnerships.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A2","next_prefix":"C"},"4":{"id":288916,"text":"Before January 1, 2000, a partnership voluntarily may elect, in the manner provided in its partnership agreement or by law for amending the partnership agreement, to be governed by this chapter. The provisions of this chapter relating to the liability of the partnership’s partners to third parties apply to limit those partners’ liability to a third party who had done business with the partnership within one year preceding the partnership’s election to be governed by this chapter, only if the third party knows or has received a notification of the partnership’s election to be governed by this chapter.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":13728,"edition_id":1,"name":"Miscellaneous Provisions","identifier":"10","label":"article","depth":3,"order_by":1,"parent_id":12958,"metadata":{},"date_created":"2026-06-26 03:45:42","date_modified":"2026-06-26 03:45:42","permalink":{"id":234727,"object_type":"structure","relational_id":13728,"identifier":"10","token":"50\/2.2\/10","url":"\/50\/2.2\/10\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12958,"edition_id":1,"name":"Virginia Uniform Partnership Act","identifier":"2.2","label":"chapter","depth":2,"order_by":1,"parent_id":12957,"metadata":{},"date_created":"2026-06-26 03:44:04","date_modified":"2026-06-26 03:44:04","permalink":{"id":234691,"object_type":"structure","relational_id":12958,"identifier":"2.2","token":"50\/2.2","url":"\/50\/2.2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12957,"edition_id":1,"name":"Partnerships","identifier":"50","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:04","date_modified":"2026-06-26 03:44:04","permalink":{"id":234229,"object_type":"structure","relational_id":12957,"identifier":"50","token":"50","url":"\/50\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":57749,"structure_id":13728,"section_number":"50-73.144","catch_line":"Application and construction","url":"\/50-73.144\/","token":"50\/2.2\/10\/50-73.144","metadata":false},{"id":54723,"structure_id":13728,"section_number":"50-73.145","catch_line":"Short title","url":"\/50-73.145\/","token":"50\/2.2\/10\/50-73.145","metadata":false},{"id":66701,"structure_id":13728,"section_number":"50-73.146","catch_line":"Repealed","url":"\/50-73.146\/","token":"50\/2.2\/10\/50-73.146","metadata":false},{"id":80601,"structure_id":13728,"section_number":"50-73.147","catch_line":"Applicability","url":"\/50-73.147\/","token":"50\/2.2\/10\/50-73.147","metadata":false},{"id":87492,"structure_id":13728,"section_number":"50-73.148","catch_line":"Transition","url":"\/50-73.148\/","token":"50\/2.2\/10\/50-73.148","metadata":false},{"id":55603,"structure_id":13728,"section_number":"50-73.149","catch_line":"Savings clause","url":"\/50-73.149\/","token":"50\/2.2\/10\/50-73.149","metadata":false},{"id":75303,"structure_id":13728,"section_number":"50-73.150","catch_line":"Property title records","url":"\/50-73.150\/","token":"50\/2.2\/10\/50-73.150","metadata":false}],"previous_section":{"id":66701,"structure_id":13728,"section_number":"50-73.146","catch_line":"Repealed","url":"\/50-73.146\/","token":"50\/2.2\/10\/50-73.146","metadata":false},"next_section":{"id":87492,"structure_id":13728,"section_number":"50-73.148","catch_line":"Transition","url":"\/50-73.148\/","token":"50\/2.2\/10\/50-73.148","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/50-73.147\/","history_text":"

This law was first created in 1996. The record of its establishment is cataloged in chapter 292<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":234741,"object_type":"law","relational_id":80601,"identifier":"50-73.147","token":"50\/2.2\/10\/50-73.147","url":"\/50-73.147\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/50-73.147\/","token":"50\/2.2\/10\/50-73.147","dublin_core":{"Title":"Applicability","Type":"Text","Format":"text\/html","Identifier":"\u00a7 50-73.147","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Before January 1, 2000, this chapter governs only a partnership<\/span> formed: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> On and after July 1, 1997, unless that partnership<\/span> is continuing the business<\/span> of a dissolved partnership<\/span> under § 50-41 of the Uniform Partnership<\/span> Act as it existed on July 1, 1997; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Before July 1, 1997, that elects, as provided by subsection C, to be governed by this chapter. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Effective January 1, 2000, this chapter governs all partnerships<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Before January 1, 2000, a partnership voluntarily may elect, in the manner provided in its partnership agreement<\/span> or by law<\/span> for amending the partnership agreement<\/span>, to be governed by this chapter. The provisions of this chapter relating to the liability of the partnership’s partners to third parties apply to limit those partners’ liability to a third party<\/span> who had done business<\/span> with the partnership within one year preceding the partnership’s election to be governed by this chapter, only if the third party<\/span> knows or has received a notification of the partnership’s election to be governed by this chapter. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nAPPLICABILITY (\u00a7 50-73.147)\n\nA. Before January 1, 2000, this chapter governs only a partnership formed:\n\n 1. On and after July 1, 1997, unless that partnership is continuing the\n business of a dissolved partnership under § 50-41 of the Uniform\n Partnership Act as it existed on July 1, 1997; and\n\n 2. Before July 1, 1997, that elects, as provided by subsection C, to be\n governed by this chapter.\n\nB. Effective January 1, 2000, this chapter governs all partnerships.\n\nC. Before January 1, 2000, a partnership voluntarily may elect, in the manner\nprovided in its partnership agreement or by law for amending the partnership\nagreement, to be governed by this chapter. The provisions of this chapter\nrelating to the liability of the partnership’s partners to third parties\napply to limit those partners’ liability to a third party who had done\nbusiness with the partnership within one year preceding the partnership’s\nelection to be governed by this chapter, only if the third party knows or has\nreceived a notification of the partnership’s election to be governed by\nthis chapter.\n\nHISTORY: 1996, c. 292.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}