N.Y. PTR Law § 10
This is the official text of N.Y. PTR Law § 10, part of New York’s PTR Law — part of the compiled statutory law of New York, published by the state as "PTR Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Partnership defined
Official statutory text
§ 10. Partnership defined. 1. A partnership is an association of two\nor more persons to carry on as co-owners a business for profit and\nincludes for all purposes of the laws of this state, a registered\nlimited liability partnership.\n 2. But any association formed under any other statute of this state,\nor any statute adopted by authority, other than the authority of this\nstate, is not a partnership under this chapter, unless such association\nwould have been a partnership in this state prior to the adoption of\nthis chapter; but this chapter shall apply to limited partnerships\nexcept in so far as the statutes relating to such partnerships are\ninconsistent herewith.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.