Title 14, Chapter 8, Section 38.2
( 14-8-38.2)
In every instance prior to July 1, 1989, where a partnership has
been dissolved for any reason, either pursuant to the provisions of
this chapter or the partnership agreement or otherwise, and the
business is continued as a partnership, but no deed or other
instrument of transfer or conveyance for any real property or other
property to the partnership continuing the business has been duly
executed and properly recorded, title to such real property or other
property shall, by operation of law, be vested in such partnership
continuing the business without reversion or impairment and in as
valid and effectual a manner in every case as if a deed or other
instrument of transfer or conveyance from such dissolved partnership
to such partnership continuing the business had been duly executed
and properly recorded. |