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Bill > AB1436


CA AB1436

CA AB1436
Uniform Partnership Act of 1994: partnership statements.


summary

Introduced
02/17/2023
In Committee
03/09/2023
Crossed Over
Passed
Dead
02/01/2024

Introduced Session

2023-2024 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 in California to specify that a statement of denial, which a partner or other person named as a partner can file to deny their authority or status as a partner, is not the same as a statement of dissociation, which is used when a partner becomes 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

From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. (on 02/01/2024)

bill text


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