Pennsylvania § 8416 - Application of partnership agreement.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 8416 — Application of partnership agreement., with citation guidance and answers to common questions.
§ 8416. Application of partnership agreement.
(a) Partnership bound.--A partnership is bound by and may enforce the partnership agreement, whether or not the partnership has itself manifested assent to the agreement.
(b) Deemed assent.--A person that becomes a partner is deemed to assent to the partnership agreement.
(c) Preformation agreement.--Two or more persons intending to become the initial partners of a partnership may make an agreement providing that upon the formation of the partnership the agreement will become the partnership agreement.
(d) Cross reference.--See section 8422(a) (relating to formation of partnership).
Cross References. Section 8416 is referred to in section 8422 of this title.
Source: official Pennsylvania text · Last verified 2026-08-27
Frequently Asked Questions About Pennsylvania § 8416
What does Pennsylvania Consolidated Statutes § 8416 cover?
Section 8416 ("Application of partnership agreement.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Pennsylvania § 8416?
A common citation format is "Pennsylvania Consolidated Statutes § 8416" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 8416 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.