Corp. Code, § 16203 · Article 2. Nature of Partnership

Corp. Code, § 16203

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

Property acquired by a partnership is property of the partnership and not of the partners individually.

Notes and commentary — not statutory text

History

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

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP&sectionNum=16203.
Text hash: sha256 01bb8ccb0fd3f057952358b645237cb232428b2d51c75618b911342137cfbc00
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.