Statute · California Corporations Code

Cal. Corp. Code § 16705 — Partner’s Dissociation When Business Not Wound Up

Cal. Corp. Code § 16705

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Date
1997-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

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 dissociated partner liable for an obligation of the partners or the partnership continuing the business.

Citator

Cal. Corp. Code § 16705 — Partner’s Dissociation When Business Not Wound Up is in force in the current edition of the Code, and nothing recorded condemns it.

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 dissociated partner liable for an obligation of the partners or the partnership continuing the business.