2000 Florida Code
TITLE XXXVI BUSINESS ORGANIZATIONS
Chapter 620 Partnership Laws
PART II REVISED UNIFORM PARTNERSHIP ACT (ss. 620.81001-620.9902)
620.9901 Applicability.
620.9901 Applicability.--
(1) Beginning January 1, 1996, and ending January 1, 1998, the Revised Uniform Partnership Act of 1995 governs only a partnership formed:
(a) On or after January 1, 1996, unless such partnership is continuing the business of a dissolved partnership under 1s. 620.76; and
(b) Before January 1, 1996, which elects, as provided in subsection (3), to be governed by the Revised Uniform Partnership Act of 1995.
(2) Effective January 1, 1998, the Revised Uniform Partnership Act of 1995 governs all partnerships.
(3) Beginning January 1, 1996, and ending January 1, 1998, a partnership voluntarily may elect, in the manner provided in its partnership agreement or by law providing for amending the partnership agreement, to be governed by the Revised Uniform Partnership Act of 1995. The provisions of the Revised Uniform Partnership Act of 1995 relating to liability of a partnership's partners to third parties apply to limit such partners' liability to a third party who had done business with the partnership within 1 year preceding the partnership's election to be governed by the Revised Uniform Partnership Act of 1995, only if the third party knows or has received a notification of the partnership's election to be governed by the Revised Uniform Partnership Act of 1995.
History.--s. 14, ch. 95-242; s. 34, ch. 99-285.
1Note.--Repealed by s. 24, ch. 99-4.
Note.--Former s. 620.90.
Disclaimer: These codes may not be the most recent version. Florida may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.