# Partnership Act 1890, Section 4: Meaning of firm.


(1) Persons who have entered into partnership with one another are for the purposes of this Act called collectively a firm, and the name under which their business is carried on is called the firm-name.
(2) In Scotland a firm is a legal person distinct from the partners of whom it is composed, but an individual partner may be charged on a decree or diligence directed against the firm, and on payment of the debts is entitled to reliefpro ratâfrom the firm and its other members.
(3) In relation to a limited partnership registered under the Limited Partnerships Act 1907, subsection (2) applies only if the limited partnership was registered by the registrar for Scotland.

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Source: https://www.legislation.gov.uk/ukpga/Vict/53-54/39/section/4 (the official version)
Page: https://openlegislation.uk/partnership-act-1890/section-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.