{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/50-73.90.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/50-73.90.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/50-73.90.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/50-73.90.html"}],"law_id":366883,"edition_id":2,"section_id":366883,"structure_id":52277,"section_number":"50-73.90","catch_line":"When property is partnership property","history":"1996, c. 292.","full_text":"A\n\nProperty is partnership property if acquired in the name of:\n\n1\n\nThe partnership; or\n\n2\n\nOne or more partners with an indication in the instrument transferring title to the property of the person&#8217;s capacity as a partner or of the existence of a partnership but without an indication of the name of the partnership.\n\nB\n\nProperty is acquired in the name of the partnership by a transfer to:\n\n1\n\nThe partnership in its name; or\n\n2\n\nOne or more partners in their capacity as partners in the partnership, if the name of the partnership is indicated in the instrument transferring title to the property.\n\nC\n\nProperty is presumed to be partnership property if purchased with partnership assets, even if not acquired in the name of the partnership or of one or more partners with an indication in the instrument transferring title to the property of the person&#8217;s capacity as a partner or of the existence of a partnership.\n\nD\n\nProperty acquired in the name of one or more of the partners, without an indication in the instrument transferring title to the property of the person&#8217;s capacity as a partner or of the existence of a partnership and without use of partnership assets, is presumed to be separate property, even if used for partnership purposes.\n\n","order_by":null,"text":{"0":{"id":1365988,"text":"Property is partnership property if acquired in the name of:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":1365989,"text":"The partnership; or","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":1365990,"text":"One or more partners with an indication in the instrument transferring title to the property of the person&#8217;s capacity as a partner or of the existence of a partnership but without an indication of the name of the partnership.","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"B"},"3":{"id":1365991,"text":"Property is acquired in the name of the partnership by a transfer to:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A2","next_prefix":"B1"},"4":{"id":1365992,"text":"The partnership in its name; or","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"5":{"id":1365993,"text":"One or more partners in their capacity as partners in the partnership, if the name of the partnership is indicated in the instrument transferring title to the property.","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"C"},"6":{"id":1365994,"text":"Property is presumed to be partnership property if purchased with partnership assets, even if not acquired in the name of the partnership or of one or more partners with an indication in the instrument transferring title to the property of the person&#8217;s capacity as a partner or of the existence of a partnership.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B2","next_prefix":"D"},"7":{"id":1365995,"text":"Property acquired in the name of one or more of the partners, without an indication in the instrument transferring title to the property of the person&#8217;s capacity as a partner or of the existence of a partnership and without use of partnership assets, is presumed to be separate property, even if used for partnership purposes.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":52277,"edition_id":2,"name":"Nature of Partnership","identifier":"2","label":"article","depth":3,"order_by":2,"parent_id":52255,"metadata":{"child_laws":4,"child_structures":0},"date_created":"2026-08-02 02:57:01","date_modified":"2026-08-02 12:34:30","permalink":{"id":1461759,"object_type":"structure","relational_id":52277,"identifier":"2","token":"50\/2.2\/2","url":"\/50\/2.2\/2\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52255,"edition_id":2,"name":"Virginia Uniform Partnership Act","identifier":"2.2","label":"chapter","depth":2,"order_by":4,"parent_id":52250,"metadata":{"child_laws":76,"child_structures":11},"date_created":"2026-08-02 02:56:43","date_modified":"2026-08-02 12:34:30","permalink":{"id":1461693,"object_type":"structure","relational_id":52255,"identifier":"2.2","token":"50\/2.2","url":"\/50\/2.2\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52250,"edition_id":2,"name":"Partnerships","identifier":"50","label":"title","depth":1,"order_by":107,"parent_id":null,"metadata":{"child_laws":185,"child_structures":29},"date_created":"2026-08-02 02:56:42","date_modified":"2026-08-02 12:34:28","permalink":{"id":1461231,"object_type":"structure","relational_id":52250,"identifier":"50","token":"50","url":"\/50\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":366879,"structure_id":52277,"section_number":"50-73.87","catch_line":"Partnership as entity","url":"\/50-73.87\/","token":"50\/2.2\/2\/50-73.87","metadata":false},{"id":366880,"structure_id":52277,"section_number":"50-73.88","catch_line":"Formation of partnership","url":"\/50-73.88\/","token":"50\/2.2\/2\/50-73.88","metadata":false},{"id":366881,"structure_id":52277,"section_number":"50-73.89","catch_line":"Partnership property","url":"\/50-73.89\/","token":"50\/2.2\/2\/50-73.89","metadata":false},{"id":366883,"structure_id":52277,"section_number":"50-73.90","catch_line":"When property is partnership property","url":"\/50-73.90\/","token":"50\/2.2\/2\/50-73.90","metadata":false}],"previous_section":{"id":366881,"structure_id":52277,"section_number":"50-73.89","catch_line":"Partnership property","url":"\/50-73.89\/","token":"50\/2.2\/2\/50-73.89","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/50-73.90\/","history_text":"<p>This law was first created in 1996. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?961+ful+CHAP0292\">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":1461773,"object_type":"law","relational_id":366883,"identifier":"50-73.90","token":"50\/2.2\/2\/50-73.90","url":"\/50-73.90\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/50-73.90\/","token":"50\/2.2\/2\/50-73.90","dublin_core":{"Title":"When property is partnership property","Type":"Text","Format":"text\/html","Identifier":"\u00a7 50-73.90","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> <span class=\"dictionary\">Property<\/span> is <span class=\"dictionary\">partnership<\/span> <span class=\"dictionary\">property<\/span> if acquired in the name of: <a id=\"paragraph-1365988\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.90\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"A1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> The <span class=\"dictionary\">partnership<\/span>; or <a id=\"paragraph-1365989\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.90\/#A1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"A2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> One or more partners with an indication in the instrument transferring title to the <span class=\"dictionary\">property<\/span> of the <span class=\"dictionary\">person<\/span>&#8217;s capacity as a partner or of the existence of a <span class=\"dictionary\">partnership<\/span> but without an indication of the name of the <span class=\"dictionary\">partnership<\/span>. <a id=\"paragraph-1365990\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.90\/#A2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> <span class=\"dictionary\">Property<\/span> is acquired in the name of the <span class=\"dictionary\">partnership<\/span> by a <span class=\"dictionary\">transfer<\/span> to: <a id=\"paragraph-1365991\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.90\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> The <span class=\"dictionary\">partnership<\/span> in its name; or <a id=\"paragraph-1365992\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.90\/#B1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> One or more partners in their capacity as partners in the <span class=\"dictionary\">partnership<\/span>, if the name of the <span class=\"dictionary\">partnership<\/span> is indicated in the instrument transferring title to the <span class=\"dictionary\">property<\/span>. <a id=\"paragraph-1365993\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.90\/#B2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C\"><p><span class=\"prefix-number\">C.<\/span> <span class=\"dictionary\">Property<\/span> is presumed to be <span class=\"dictionary\">partnership<\/span> <span class=\"dictionary\">property<\/span> if purchased with <span class=\"dictionary\">partnership<\/span> <span class=\"dictionary\">assets<\/span>, even if not acquired in the name of the <span class=\"dictionary\">partnership<\/span> or of one or more partners with an indication in the instrument transferring title to the <span class=\"dictionary\">property<\/span> of the <span class=\"dictionary\">person<\/span>&#8217;s capacity as a partner or of the existence of a <span class=\"dictionary\">partnership<\/span>. <a id=\"paragraph-1365994\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.90\/#C\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"D\"><p><span class=\"prefix-number\">D.<\/span> <span class=\"dictionary\">Property<\/span> acquired in the name of one or more of the partners, without an indication in the instrument transferring title to the <span class=\"dictionary\">property<\/span> of the <span class=\"dictionary\">person<\/span>&#8217;s capacity as a partner or of the existence of a <span class=\"dictionary\">partnership<\/span> and without use of <span class=\"dictionary\">partnership<\/span> <span class=\"dictionary\">assets<\/span>, is presumed to be separate <span class=\"dictionary\">property<\/span>, even if used for <span class=\"dictionary\">partnership<\/span> purposes. <a id=\"paragraph-1365995\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/50-73.90\/#D\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nWHEN PROPERTY IS PARTNERSHIP PROPERTY (\u00a7 50-73.90)\n\nA. Property is partnership property if acquired in the name of:\n\n   1. The partnership; or\n\n   2. One or more partners with an indication in the instrument transferring\n   title to the property of the person&#8217;s capacity as a partner or of the\n   existence of a partnership but without an indication of the name of the\n   partnership.\n\nB. Property is acquired in the name of the partnership by a transfer to:\n\n   1. The partnership in its name; or\n\n   2. One or more partners in their capacity as partners in the partnership, if\n   the name of the partnership is indicated in the instrument transferring title\n   to the property.\n\nC. Property is presumed to be partnership property if purchased with partnership\nassets, even if not acquired in the name of the partnership or of one or more\npartners with an indication in the instrument transferring title to the property\nof the person&#8217;s capacity as a partner or of the existence of a\npartnership.\n\nD. Property acquired in the name of one or more of the partners, without an\nindication in the instrument transferring title to the property of the\nperson&#8217;s capacity as a partner or of the existence of a partnership and\nwithout use of partnership assets, is presumed to be separate property, even if\nused for partnership purposes.\n\nHISTORY: 1996, c. 292.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}