Statement of Withdrawal From the Partnership Operating Under Use of Fictitious Business Name - City and County of San Francisco, California

Statement of Withdrawal From the Partnership Operating Under Use of Fictitious Business Name is a legal document that was released by the Office of the County Clerk - City and County of San Francisco, California - a government authority operating within California. The form may be used strictly within City and County of San Francisco.

FAQ

Q: What is a Statement of Withdrawal from a partnership?
A: A Statement of Withdrawal from a partnership is a document that formally notifies the authorities about the decision to withdraw or dissolve a partnership.

Q: What is a partnership?
A: A partnership is a business arrangement where two or more individuals come together to run a business and share profits and losses.

Q: What is a fictitious business name?
A: A fictitious business name, also known as a DBA (Doing Business As), is a name under which a business operates that is different from the legal name of the individual or entity owning the business.

Q: What is the purpose of a Statement of Withdrawal from a partnership operating under a fictitious business name?
A: The purpose of this statement is to formally notify the City and County of San Francisco, California, about the decision to withdraw from a partnership that was operating under a fictitious business name.

Q: What information is required in the Statement of Withdrawal?
A: The Statement of Withdrawal typically requires information such as the name of the partnership, the fictitious business name, the date of withdrawal, and the signatures of the withdrawing partners.

Q: What are the consequences of not filing a Statement of Withdrawal?
A: Failing to file a Statement of Withdrawal may result in continued legal and financial obligations for the partner who wants to withdraw, including potential liability for the partnership's actions.