California Corporations Code

§ 16202

CORP § 16202 Effective Jan 1, 1997Title 2 · Ch. 5 · Art. 2

Statute text

(a)Except as otherwise provided in subdivision (b), the association of two or more persons to carry on as coowners a business for profit forms a partnership, whether or not the persons intend to form a partnership.

(b)An association formed under a statute other than this chapter, a predecessor statute, or a comparable statute of another jurisdiction is not a partnership under this chapter.

(c)In determining whether a partnership is formed, the following rules apply:

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Legislative history

Added by Stats. 1996, Ch. 1003, Sec. 2. Effective January 1, 1997.