Ca_Law

statute | California

Corporations Code - CORP - CORP § 15901.04

  • UIDca_leginfo_codes:corp-15901-04
  • CitationCorporations Code - CORP - CORP § 15901.04
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

(a) A limited partnership is an entity distinct from its partners. (b) A limited partnership may be organized under this chapter for any lawful purpose. A limited partnership may engage in any lawful business activity, whether or not for profit, except the banking business, the b

Text

(a)
A limited partnership is an entity distinct from its partners.
(b)
A limited partnership may be organized under this chapter for any lawful purpose. A limited partnership may engage in any lawful business activity, whether or not for profit, except the banking business, the business of issuing policies of insurance and assuming insurance risks, or the trust company business.
(c)
A limited partnership has a perpetual duration.

Retrieval chunks

  • #1 | Corporations Code - CORP - CORP § 15901.04

    (a) A limited partnership is an entity distinct from its partners. (b) A limited partnership may be organized under this chapter for any lawful purpose. A limited partnership may engage in any lawful business activity, whether or not for profit, except the banking business, the business of issuing policies of insur…