IDAHO, IOWA, WASHINGTON, AND WYOMING HAVE ENACTED UNIFORM LIMITED PARTNERSHIP LEGISLATION

Rev. Rul. 85-178

In Rev. Rul. 84-80, 1984-1 C.B. 275, and Rev. Rul. 84-180, 1984-2 C.B. 314, the Internal Revenue Service listed several states that revised their limited partnership statutes after the promulgation of the Revised Uniform Limited Partnership Act. The Service determined that the legislation enacted by those states corresponds to the Uniform Limited Partnership Act ("ULPA") for purposes of section 301.7701-2 of the Regulations on Procedure and Administration.

The Service has determined that the following additional states have enacted legislation that, as of the effective date, corresponds to ULPA for purposes of section 301.7701-2 of the regulations:

IDAHO: Idaho Code sections 53-201 through 53-267 (Supp. 1984) effective January 1, 1982.

IOWA: Iowa Code Ann. sections 545.101 through 545.1106 (West Supp. 1984) effective July 1, 1982.

WASHINGTON: Wash. Rev. Code Ann. sections 25.10.010 through 25.10.690 (Supp. 1984) effective January 1, 1982.

WYOMING: Wyo. Stat. sections 17-14-201 through 17-14-1104 (Supp. 1984) effective July 1, 1979.

EFFECT ON OTHER REVENUE RULINGS

Rev. Rul. 84-80 is amplified.