A Comprehensive Revision of Pennsylvania Law on Partnerships and LLCs

On February 21, 2017, Act 2016-170 (commonly known as House Bill 1398) went into effect. The Act is a comprehensive revision of Pennsylvania law on partnerships and limited liability companies (LLCs). This Act amends Title 15 (Corporations and Unincorporated Associations) and Title 54 (Names) to replace the law governing limited liability partnerships, general partnerships, li ...Read the full article