STAND. COM. REP. NO. 97

                                   Honolulu, Hawaii
                                                     , 1999

                                   RE:  S.B. No. 1512
                                        S.D. 1




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Sir:

     Your Committee on Commerce and Consumer Protection, to which
was referred S.B. No. 1512 entitled: 

     "A BILL FOR AN ACT RELATING TO THE UNIFORM PARTNERSHIP ACT,"

begs leave to report as follows:

     The purpose of this measure is to replace the current
Uniform Partnership Act with a law that conforms to the Revised
Uniform Partnership Act.

     The Department of Commerce and Consumer Affairs presented
testimony in support of the measure.  The Business Law Section of
the Hawaii State Bar Association, one of the Hawaii commissioners
to the National Conference of Commissioners on Uniform State
Laws, and two individuals submitted written testimony in support
of the measure, but were not present at the hearing. 

     The Revised Uniform Partnership Act restructures the
fundamentals of partnership law to reflect modern business
practices.  Conforming Hawaii law to the revised Act will bring
the State into line with current business practice and the
revised partnership laws of other states, and thereby enhance the
State's business climate.

     Your Committee has made technical, nonsubstantive amendments
to this measure. 

     As affirmed by the record of votes of the members of your
Committee on Commerce and Consumer Protection that is attached to

 
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                                   STAND. COM. REP. NO. 97
                                   Page 2


this report, your Committee is in accord with the intent and
purpose of S.B. No. 1512, as amended herein, and recommends that
it pass Second Reading in the form attached hereto as S.B.
No. 1512, S.D. 1, and be referred to the Committee on Ways and
Means.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Commerce and
                                   Consumer Protection,



                                   ______________________________
                                   BRIAN KANNO, Co-Chair



                                   ______________________________
                                   BRIAN T. TANIGUCHI, Co-Chair

 
a                                                     SB1512 SD1