California Statutes

§ 16603. — 16603. (Added by Stats. 1996, Ch. 1003, Sec. 2.)

California § 16603.
JurisdictionCalifornia
Code CORPCorporations Code - CORP
Title 2.TITLE 2. PARTNERSHIPS
Ch. 5.CHAPTER 5. Uniform Partnership Act of 1994
Art. 6.ARTICLE 6. Partner’s Dissociation

This text of California § 16603. (16603. (Added by Stats. 1996, Ch. 1003, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Corporations Code - CORP Code § 16603. (2026).

Text

Upon a partner’s dissociation, all of the following apply:

(1)The partner’s right to participate in the management and conduct of the partnership business terminates.
(2)The partner’s duty of loyalty under paragraph (3) of subdivision (b) of Section 16404 terminates.
(3)The partner’s duty of loyalty under paragraphs (1) and (2) of subdivision (b) of Section 16404 and duty of care under subdivision (c) of Section 16404 continue only with regard to matters arising and events occurring before the partner’s dissociation.

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Related

Fotouhi v. Mansdorf
427 B.R. 798 (N.D. California, 2010)
3 case citations

Legislative History

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