California Probate Code

§ 10534

PROB § 10534 Effective Jan 1, 2004Div. 7 · Part 6 · Ch. 3 · Art. 3

Statute text

(a)Subject to the partnership agreement and the provisions of the Uniform Partnership Act of 1994 (Chapter 5 (commencing with Section 16100) of Title 2 of the Corporations Code), the personal representative has the power to continue as a general partner in any partnership in which the decedent was a general partner at the time of death.

(b)The personal representative has the power to continue operation of any of the following:

(1)An unincorporated business or venture in which the decedent was engaged at the time of the decedent’s death.

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Legislative history

Amended by Stats. 2003, Ch. 32, Sec. 11. Effective January 1, 2004.