Ba--Partnership Property

Front 1

Partnership Property-def/factors

Back 1

All property originally brought into the partnership stock or subsequently acquired, by purchase or otherwise, ON ACCOUNT OF THE PARTNERSHIP is partnership property

Front 2

Prop--look to indicia of intent

Back 2

1. Title
-not conclusive even if in the Pship's name
2. Purchase with Pship funds
-Pship prop "unless the contrary intention appears"
3. Improvements
-not determinative by given some weight
4. Relation of Property to Business
-more closely related the asset with business operation of the Pship, the more likely it will be held to be Pship prop
5. Use
-not enough
6. status in Pship books
-given considerable weight