(a) A partnership is an entity distinct from its partners. (b) A limited liability partnership continues to be the same entity that existed before the filing of a statement of qualification under Section 54-1A-1001 NMSA 1978. History: Laws 1996, ch. 53, § 201; 1997, ch. 76, § 4.
Partnership as entity
NMSA 1978, § 54-1A-201 — under Article 1A.
NMSA 1978, § 54-1A-201