Automated description from the Alliance of Genome Resources (Release 7.0.0)
Enables palmitoyl-(protein) hydrolase activity. Acts upstream of or within negative regulation of Golgi to plasma membrane protein transport. Located in cytosol. Is expressed in several structures, including brain; cardiovascular system; genitourinary system; gut; and skeleton. Orthologous to human LYPLA1 (lysophospholipase 1).