# Alaska Stat. § 32.06.204: When property is partnership property

> Alaska · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.204

## Section

- **Citation:** Alaska Stat. § 32.06.204
- **Heading:** When property is partnership property
- **Jurisdiction:** Alaska
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AK Code / Title 32 / Chapter 32.06 / Section 32.06.204

## Text

(a) Property is partnership property if acquired in the name of (1) the partnership; or

(2) one or more partners with an indication in the instrument transferring title to the property of the person's capacity as a partner or of the existence of a partnership but without an indication of the name of the partnership.

(b) Property is acquired in the name of the partnership by a transfer to (1) the partnership in its name; or

(2) 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.

(c) Property is presumed to be 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 person's capacity as a partner or of the existence of a partnership.

(d) 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 person's capacity as a partner or of the existence of a partnership and without use of partnership assets, is presumed to be separate property even if used for partnership purposes.

Article 2. Relations of Partners to Persons Dealing with Partnership.

## Nearby sections

- [Alaska Stat. § 32.06.201 Partnership as entity.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.201.md)
- [Alaska Stat. § 32.06.202 Formation of partnership.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.202.md)
- [Alaska Stat. § 32.06.203 Partnership property.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.203.md)
- [Alaska Stat. § 32.06.204 When property is partnership property.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.204.md)
- [Alaska Stat. § 32.06.301 Partner as agent of partnership.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.301.md)
- [Alaska Stat. § 32.06.302 Transfer and recovery of partnership property.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.302.md)
- [Alaska Stat. § 32.06.303 Statement of partnership authority.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.303.md)
- [Alaska Stat. § 32.06.304 Statement of denial.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.304.md)
- [Alaska Stat. § 32.06.305 Partnership liable for partner's actionable conduct.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.305.md)
- [Alaska Stat. § 32.06.306 Partner's liability.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.306.md)
- [Alaska Stat. § 32.06.307 Actions by and against partnership and partners.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.307.md)
- [Alaska Stat. § 32.06.308 Liability of purported partner.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.308.md)
- [Alaska Stat. § 32.06.401 Partner's rights and duties.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.401.md)
- [Alaska Stat. § 32.06.402 Distributions in kind.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.402.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AK_T32_C32.06_S32.06.204. Check the current official text before relying on it. Not legal advice.