DIVISION 2. OTHER TAXES 6001-61050›PART 20. EMERGENCY TELEPHONE USERS SURCHARGE ACT 41001-41176›CHAPTER 6. Collection of Tax 41115-41127.9›ARTICLE 4. Miscellaneous 41127.5-41127.9
§ 41127.5
California Revenue and Taxation Code · 2026-09 edition · updated 2026-10-03 · California
The department shall not be subject to subdivisions (c) and (d) of Section 16307 of the Corporations Code unless, at the time of application for or issuance of a permit, license, or registration number under this part, the applicant furnishes to the department a written partnership agreement that provides that all business assets shall be held in the name of the partnership.
(Amended by Stats. 2021, Ch. 432, Sec. 124. (SB 824) Effective January 1, 2022.)
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