Revenue and Taxation Code section 50138.5

The board 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 board a written partnership agreement that provides that all business assets shall be held in the name of the partnership.

Source: Section 50138.5, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=RTC§ionNum=50138.­5.­ (accessed May 10, 2025).

Last Updated

May 12, 2025

§ 50138.5’s source at ca​.gov