Oregon Revised Statutes Chapter 67 § 67.065 — When
Oregon Revised Statutes Chapter 67 ·
Oregon Code § 67.065·Enacted ·Last updated March 01, 2026
Statute Text
When
property is partnership property.
(1) Property is partnership property if acquired in the name of:
(a) The
partnership; or
(b) One or more
partners with an indication in the instrument transferring title to the
property of the persons capacity as a partner or of the existence of a
partnership but without an indication of the name of the partnership.
(2) Property is
acquired in the name of the partnership by a transfer to:
(a) The
partnership in its name; or
(b) 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.
(3) It is a
rebuttable presumption that property is 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 persons capacity as a partner or of the existence of a
partnership.
(4) It is a
rebuttable presumption that 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 persons capacity as a partner or of the existence of a
partnership and without use of partnership assets, is separate property, even
if used for partnership purposes. [1997 c.775 §9]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 67.065
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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