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CA Exemption:Business partnership property (Corp. 16501)

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    CA Exemption:Business partnership property (Corp. 16501)

    Can anyone cite the legal source/text/chapter section / code of the California Exemption for Business Partnership Property? The source says (Corp 16501) but I don't know where to find that or even what that is. I Googled 'til I can't Google anymore. This is for Chapter 7.
    Does this exempt ALL business partnership property such as inventory?
    Thanks, T-W
    Oct '08 Closed Business
    Dec '08: First judgment: $112,000
    Dec '08: $112,000 lien on home
    March '09: just starting paperwork / attorney consultation

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