The definitions in this section
apply throughout this chapter unless the context clearly requires
otherwise:
(1) "Business" includes every trade, occupation, and
profession.
(2) "Debtor in bankruptcy" means a person who is the subject
of:
(a) An order for relief under Title 11 of the United States
Code or a comparable order under a successor statute of general
application; or
(b) A comparable order under federal, state, or foreign law
governing insolvency.
(3) "Distribution" means a transfer of money or other
property from a partnership to a partner in the partner's
capacity as a partner or to the partner's transferee.
(4) "Foreign limited liability partnership" means a
partnership that:
(a) Is formed under laws other than the laws of this state;
and
(b) Has the status of a limited liability partnership under
those laws.
(5) "Limited liability partnership" means a partnership that
has filed an application under RCW 25.05.500 and does not have a
similar statement in effect in any other jurisdiction.
(6) "Partnership" means an association of two or more
persons to carry on as co-owners a business for profit formed
under RCW 25.05.055, predecessor law, or comparable law of
another jurisdiction.
(7) "Partnership agreement" means the agreement, whether
written, oral, or implied, among the partners concerning the
partnership, including amendments to the partnership agreement.
(8) "Partnership at will" means a partnership in which the
partners have not agreed to remain partners until the expiration
of a definite term or the completion of a particular undertaking.
(9) "Partnership interest" or "partner's interest in the
partnership" means all of a partner's interests in the
partnership, including the partner's transferable interest and
all management and other rights.
(10) "Person" means an individual, corporation, business
trust, estate, trust, partnership, limited liability company,
association, joint venture, government, governmental subdivision,
agency, or instrumentality, or any other legal or commercial
entity.
(11) "Property" means all property, real, personal, or
mixed, tangible or intangible, or any interest therein.
(12) "Registered agent" means an individual resident of this
state, a domestic corporation, a government, governmental
subdivision, agency, or instrumentality, or a foreign corporation
authorized to do business in this state.
(13) "State" means a state of the United States, the
District of Columbia, the Commonwealth of Puerto Rico, or any
territory or insular possession subject to the jurisdiction of
the United States.
(14) "Statement" means a statement of partnership authority
under RCW 25.05.110, a statement of denial under RCW 25.05.115, a
statement of dissociation under RCW 25.05.265, a statement of
dissolution under RCW 25.05.320, or an amendment or cancellation
of any statement under these sections.
(15) "Transfer" includes an assignment, conveyance, lease,
mortgage, deed, and encumbrance.
[2009 c 202 § 3; 1998 c 103 § 101.]