SECTIONS 7982-7983 - California Statutes

REVENUE AND TAXATION CODE

SECTION 7982-7983

7982. The remedies of the State provided for in this chapter are
cumulative, and no action taken by the Controller or the Attorney
General constitutes an election by the State to pursue any remedy to
the exclusion of any other remedy for which provision is made in this
part.

7983. The board shall not be subject to subdivisions (c) and (d) of
Section 16307 of the Corporations Code unless, at the time of
application for or issuance of a permit, license, or registration
number under this part, the applicant furnishes to the board a
written partnership agreement that provides that all business assets
shall be held in the name of the partnership.