Section 13.109. Partnership license  


Latest version.
  • (a) Partnerships shall be licensed. A license will be issued in the names of the licensed partners as specified in the partnership agreement. A copy of the partnership agreement shall accompany the application for a partnership license and include the address of the principal place of business where the partnership will be conducted as well as the address of the branch location, if applicable. Provisions of the agreement relating to financial consideration may be deleted or whited out, as these provisions do not concern the Board.

    (b) Changes in the partnership, the name of the partnership or the location of the business shall be reported to the Board within 30 days of the change.

The provisions of this § 13.109 adopted December 6, 1991, effective December 7, 1991, 21 Pa.B. 5645.