New Jersey § 42:1a-4
Full text of New Jersey New Jersey Statutes § 42:1a-4, with citation guidance and answers to common questions.
§ 42:1a-4.
a. Except as otherwise provided in subsection b. of this section, relations among
the partners and between the partners and the partnership are governed by the partnership
agreement. To the extent the partnership agreement does not otherwise provide, this act governs
relations among the partners and between the partners and the partnership. b. The partnership agreement shall not: (1) unreasonably restrict the right of access to books and records under subsection
b. of section 23 of this act; (2) reduce the duty of loyalty under subsection b. of section 24 or subsection b.
of section 33 of this act so as to permit a partner to engage in conduct which is
intentionally injurious to the partnership; (3) unreasonably reduce the duty of care under subsection c. of section 24 or paragraph
(3) of subsection b. of section 33 of this act; (4) vary the right of a court to expel a partner in the events specified in subsection
e. of section 31 of this act; (5) vary the requirement to wind up the partnership business in cases specified in
subsection d., e. or f. of section 39 of this act; (6) vary the law applicable to a limited liability partnership under subsection b.
of section 7 of this act; or (7) restrict rights of third parties under this act.
Frequently Asked Questions About New Jersey § 42:1a-4
What does New Jersey Statutes § 42:1a-4 cover?
Section 42:1a-4 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 42:1a-4?
A common citation format is "New Jersey Statutes § 42:1a-4" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 42:1a-4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.