Archive Tag: Unincorporated Business Associations

Pennsylvania Overhauls Laws Governing Unincorporated Business Associations


Pennsylvania recently enacted Act No. 170 (the “Act”) changing the statutes governing partnerships and limited liability companies in the Commonwealth. The Act repeals existing statutes and replaces them with entirely new statutes in Title 15 of the Pennsylvania statutes, now referred to as the Pennsylvania Uniform Partnership Act of 2016, the Pennsylvania Uniform Limited Partnership…