California Corporations Code 161.5 – “Constituent limited partnership” means a limited partnership which …
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“Constituent limited partnership” means a limited partnership which is merged with one or more corporations and includes the surviving limited partnership.
(Added by Stats. 1993, Ch. 543, Sec. 2. Effective January 1, 1994.)
Terms Used In California Corporations Code 161.5
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.