Rule 2126.Definitions.
Adopted May 1, 1939 · Last amended December 16, 2003 · Last verified June 30, 2026
Full Text of Rule 2126
Plain-English Summary
The partnership chapter begins by fixing its scope. A “partnership” is a general or limited partnership, including one that is also a registered limited liability partnership or an electing partnership. It does not include a limited liability company, an unincorporated association, a joint stock company or a similar association. A “partner” is only a general partner, or a limited partner who has become subject to the liability of a general partner.
Two more terms shape the rules that follow. The “firm name” is any name, fictitious or otherwise, by which a partnership conducts business or is commonly known, whether or not it has been filed or registered. A “liquidator” is anyone legally engaged in winding up a dissolved partnership’s affairs. “Action” means any civil action or proceeding brought in or appealed to any court subject to these rules.
The exclusions send other entities elsewhere: unincorporated associations to the chapter that begins at Rule 2151, and limited liability companies and joint stock companies to the corporations chapter, whose definition in Rule 2176 names both.
Frequently Asked Questions
What does the partnerships chapter define?
Its key terms, including that an 'action' means any civil action or proceeding subject to these rules.
Amendment History
The provisions of this Rule 2126 adopted May 1, 1939, effective November 6, 1939; amended April 18, 1975, effective immediately, 5 Pa.B. 1820; amended January 12, 2001, effective July 1, 2001, 31 Pa.B. 137; amended December 16, 2003, effective July 1, 2004, 34 Pa.B. 9. Immediately preceding text appears at serial page (272403).