Cal. Rev. & Tax. Code § 41127.5

Current through the 2024 Legislative Session.
Section 41127.5 - Effect of partnership

The department shall not be subject to subdivisions (c) and (d) of Section 16307 of the Corporations Code unless, at the time of application for or issuance of a permit, license, or registration number under this part, the applicant furnishes to the department a written partnership agreement that provides that all business assets shall be held in the name of the partnership.

Ca. Rev. and Tax. Code § 41127.5

Amended by Stats 2021 ch 432 (SB 824),s 124, eff. 1/1/2022.
Added by Stats. 1996, Ch. 1003, Sec. 11. Effective January 1, 1997.