§ 8416. Application of partnership agreement.
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/pa/title-15/chapter-84/8416A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 8416. Application of partnership agreement.
(a)Partnership bound.-- A partnership is bound by and may enforce the partnership agreement, whether or not the partnership has itself manifested assent to the agreement.
(b)Deemed assent.-- A person that becomes a partner is deemed to assent to the partnership agreement.
(c)Preformation agreement.-- Two or more persons intending to become the initial partners of a partnership may make an agreement providing that upon the formation of the partnership the agreement will become the partnership agreement.
(d)Cross reference.-- See section 8422(a) (relating to formation of partnership).
15c8416v
Cross References. Section 8416 is referred to in section 8422 of this title.
15c8417s