California Corporations Code ARTICLE 7 - Partner’s Dissociation When Business Not Wound Up

• Section 16701.
  Except as provided in Section 16701.5, all of the following shall apply:(a) If a partner is dissociated from a partnership, the partnership shall cause the dissociated...
• Section 16701.5.
  (a) Section 16701 shall not apply to any dissociation that occurs within 90 days prior to a dissolution under Section 16801.(b) For dissociations occurring within 90 days...
• Section 16702.
  (a) For two years after a partner dissociates, the partnership, including a surviving partnership under Article 9 (commencing with Section 16901), is bound by an act...
• Section 16703.
  (a) A partner’s dissociation does not of itself discharge the partner’s liability for a partnership obligation incurred before dissociation. A dissociated partner is not liable for...
• Section 16704.
  (a) A dissociated partner or the partnership may file a statement of dissociation stating the name of the partnership as filed with the Secretary of State,...
• Section 16705.
  Continued use of a partnership name, or a dissociated partner’s name as part thereof, by partners continuing the business does not of itself make the...

Last modified: October 22, 2018