Pennsylvania Code
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COMMONWEALTH OF PENNSYLVANIA

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10 Pa. Code § 61.4. Partnerships.

§ 61.4. Partnerships.

 (a)  A license issued to a partnership shall automatically expire when one of the partners dies or withdraws from the partnership. A new license shall be obtained immediately by the surviving partners desiring to continue the business which had been conducted under the expired license. A new license shall also be required when one or more new partners are admitted to a partnership.

 (b)  Any change in a partnership occurring during a license year and requiring a new license shall require the payment of a new license fee.

Source

   The provisions of this §  61.4 amended December 26, 1997, effective December 27, 1997, 27 Pa.B. 6796. Immediately preceding text appears at serial page (237536).


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