KANSAS, NEW JERSEY AND OHIO HAVE ENACTED UNIFORM LIMITED PARTNERSHIP ACTS

Rev. Rul. 86-112

In Rev. Rul. 84-80, 1984-1 C.B. 275, Rev. Rul. 84-180, 1984-2 C.B. 314, Rev. Rul. 85-178, 1985-2 C.B. 338, and Rev. Rul. 86-30, 1986-8 I.R.B. 23, the Internal Revenue Service listed several states that revised their limited partnership statutes following 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 Procedure and Administration Regulations.

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:

KANSAS: Kan. Stat. Ann. sections 56-1a101 through 56-1a601 (1983) effective January 1, 1984.

NEW JERSEY: N.J. State. Ann. sections 42:2A-1 through 42:2A-1 through 42:2A-72 (West Supp. 1985) effective January 1, 1985

OHIO: Ohio Rev. Code Ann. sections 1782.01 through 1782.62 (Page Supp. 1984) effective April 1, 1985.

EFFECT ON OTHER REVENUE RULINGS

Rev. Rul. 84-80 is amplified.