0203003 Informal Interpretation
… GPs) are each selling certain assets to Company A. Sales by the LP's: The 4 LP's all have the same GP, Company Z. Company Z only owns about 1 % of each of the LP's, but as the GP controls the management …
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Rule
801.1(b)
Each partnership is its own UPE. The alternative test for control in 801.1(b)(2) does not apply to partnerships. (See FR at 20062, 5/29/87). Re: Last paragraph if A controlled the partnerships, an...
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