The anomalously named California Uniform Partnership Act of 1994 specifies when a partner in a general partnership "dissociates". Cal. Corp. Code § 16601. Upon dissociation, a general partner loses the right to participate in the management and...
In Some Cases, A Dissociated Partner May Remain Liable As A Partner
Posted on September 30, 2021
Filing Statements Of Denial
Posted on September 28, 2021
The California Uniform Partnership Act of 1994 permits, but does not require, a general partnership to file a statement of partnership authority with the California Secretary of State's Office. Cal. Corp. Code § 16303. Among other things, the...
Light Is Both A Wave And Particle, But A Corporation And A Partnership Is A "Legal Impossibility"
Posted on November 17, 2020
In 1905, Albert Einstein proposed that light, which until then had been considered to exist as waves, must also be regarded as particles. Later, Nobel Prize winner Louis-Victor-Pierre-Raymond, 7th duc de Broglie, found that electrons have wave and...
If A Corporation Can Be A Person, Why Not A Trust?
Posted on May 22, 2019
The California Supreme Court has written that a "trust is a fiduciary relationship with respect to property in which the person holding legal title to the property--the trustee--has an equitable obligation to manage the property for the benefit of...