15 Pa. C.S. § 8416

Current through Pa Acts 2024-53, 2024-56 through 2024-64
Section 8416 - Application of partnership agreement
(a) Partnership bound.--A partnership is bound by and may enforce the partnership agreement, whether or not the partnership has itself manifested assent to the agreement.
(b) Deemed assent.--A person that becomes a partner is deemed to assent to the partnership agreement.
(c) Preformation agreement.--Two or more persons intending to become the initial partners of a partnership may make an agreement providing that upon the formation of the partnership the agreement will become the partnership agreement.
(d) Cross reference.--See section 8422(a) (relating to formation of partnership).

15 Pa.C.S. § 8416

Added by P.L. TBD 2016 No. 170, § 25, eff. 2/19/2017.