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Bill > AB2025


CA AB2025

CA AB2025
Uniform Partnership Act of 1994: partnership statements.


summary

Introduced
02/14/2022
In Committee
02/24/2022
Crossed Over
Passed
Dead
08/31/2022

Introduced Session

2021-2022 Session

Bill Summary

An act to amend Section 16304 of the Corporations Code, relating to partnerships.

AI Summary

This bill amends the Uniform Partnership Act of 1994 to specify that a statement of denial, which allows a partner or other person to deny their authority or status as a partner, is not the same as a statement of dissociation, which allows a partner to become dissociated from a partnership. The bill clarifies that a statement of denial is a limitation on partnership authority, as provided in the existing law, but is distinct from a statement of dissociation.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Assembly Banking And Finance Hearing (15:30 3/28/2022 State Capitol, Room 444) (on 03/28/2022)

bill text


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