26 USC 6223 - Partners bound by actions of partnership

U.S Code last checked for updates: May 19, 2024

§ 6223.

Partners bound by actions of partnership

(a)

Designation of partnership representative

(b)

Binding effect

A partnership and all partners of such partnership shall be bound—

(1)

by actions taken under this subchapter by the partnership, and

(2)

by any final decision in a proceeding brought under this subchapter with respect to the partnership.

(Added Pub. L. 114–74, title XI, § 1101(c)(1), Nov. 2, 2015, 129 Stat. 627.)

cite as: 26 USC 6223