CHAPTER 1 - Contracts in Restraint of Trade | Califonrnia Business and Professions Code - BPC | Section 16602.
16602. (a) Any partner may, upon or in anticipation of any of the circumstances described in subdivision (b), agree that he or she will not carry on a similar business within a specified geographic area where the partnership business has been transacted, so long as any other member of the partnership, or any person deriving title to the business or its goodwill from any such other member of the partnership, carries on a like business therein.
(b) Subdivision (a) applies to either of the following circumstances:
(1) A dissolution of the partnership.
(2) Dissociation of the partner from the partnership.
(Amended by Stats. 2002, Ch. 179, Sec. 2. Effective January 1, 2003.)Section: Previous 16600 16601 16602 16602.5 16603 16604 16605 16606 16607 Next
Last modified: July 19, 2016