RSA 304-A:18 Rules Determining Rights and Duties of Partners.
Title: XXVIII - PARTNERSHIPS
Chapter: 304-A - UNIFORM PARTNERSHIP ACT
The rights and duties of the partners in relation to the partnership shall be determined, subject to any agreement between them, by the following rules:
I. Each partner shall be repaid such partner's contributions, whether by way of capital or advances, to the partnership property and share equally in the profits and surplus remaining after all liabilities, including those to partners, are satisfied and, except as provided in RSA 304-A:15, II, each partner must contribute towards the losses, whether of capital or otherwise, sustained by the partnership according to such partner's share in the profits.
II. The partnership must indemnify every partner in respect of payments made and personal liabilities reasonably incurred by him in the ordinary and proper conduct of its b