California Corporations Code 167.5 – “Domestic limited partnership” means any limited partnership formed …
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“Domestic limited partnership” means any limited partnership formed under the laws of this state.
(Amended by Stats. 2006, Ch. 495, Sec. 4. Effective January 1, 2007.)
Terms Used In California Corporations Code 167.5
- 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.
- State: means the State of California, unless applied to the different parts of the United States. See California Education Code 77