TBA Law Blog

Posted by: Brenda Gadd on May 10, 2017
The TBA’s Tennessee Uniform Limited Partnership Act (TULPA) was adopted by unanimous vote of the House this week, clearing its last legislative hurdle. The bill, sponsored by Sen. Jack Johnson (R-Franklin) and Rep. Ron Travis (R-Dayton), modernizes and harmonizes provisions of the limited partnership law with other forms of business organization. The 110th General Assembly adjourned today and will reconvene on Jan. 9, 2018.