ARTICLE 7. Partner’s Dissociation When Business Not Wound Up [16701. - 16705.]
Article 7 added by Stats. 1996, Ch. 1003, Sec. 2.
§§ 16701–16705 · 6 sections
- § 16701 Except as provided in Section 16701.5, all of the following shall apply: (a) If a partner is dissociated from a partnership, the partnership shall cause the…
- § 16701.5 (a) Section 16701 shall not apply to any dissociation that occurs within 90 days prior to a dissolution under Section 16801. (b) For dissociations occurring…
- § 16702 (a) For two years after a partner dissociates, the partnership, including a surviving partnership under Article 9 (commencing with Section 16901), is bound by…
- § 16703 (a) A partner’s dissociation does not of itself discharge the partner’s liability for a partnership obligation incurred before dissociation. A dissociated…
- § 16704 (a) A dissociated partner or the partnership may file a statement of dissociation stating the name of the partnership as filed with the Secretary of State, any…
- § 16705 Continued use of a partnership name, or a dissociated partner’s name as part thereof, by partners continuing the business does not of itself make the…