Promulgated in 1976 and revised in 1985, the ________ Act is a uniform act that regulates the formation, operation, and termination of limited partnerships.

Question

Quizplus · Accepted Answer

The correct answer is C) Revised Uniform Limited Partnership Act. This act was indeed promulgated in 1976 and later revised in 1985 to regulate the formation, operation, and termination of limited partnerships in a uniform manner across the states that adopt it.

Promulgated in 1976 and Revised in 1985, the ________ Act