A partner's notification of a fact relating to the partnership is not effective against the other partners until the relevant fact is entered on the minutes at the next partnership meeting.

Question

Quizplus · Accepted Answer

A partner's notification of a fact relating to the partnership becomes effective upon communication to the other partners, and does not require entry on the minutes at a partnership meeting. However, it may be useful to record such notifications for future reference.

A Partner's Notification of a Fact Relating to the Partnership