Legislation
ARTICLE 8-A
Revised Limited Partnership Act
Partnership (PTR) CHAPTER 39
ARTICLE 8-A
REVISED LIMITED PARTNERSHIP ACT
Section 121-101. Definitions.
121-102. Partnership name.
121-103. Reservation of partnership name.
121-104. Statutory designation of secretary of state as agent
for service of process.
121-104-A. Resignation for receipt of process.
121-105. Registered agent.
121-106. Records.
121-107. Nature of business.
121-108. Business transactions of partner with the
partnership.
121-109. Service of process on limited partnerships.
121-109-a. Electronic service of process.
121-110. The partnership agreement.
121-201. Certificate of limited partnership.
121-202. Amendment of the certificate of limited partnership.
121-202-A. Certificate of change.
121-203. Cancellation of certificate.
121-204. Execution of certificates.
121-205. Execution, amendment or cancellation by judicial act.
121-206. Filing with the department of state.
121-207. Liability for false statement in certificate.
121-208. Restated certificate of limited partnership.
121-301. Admission of limited partners.
121-302. Classes and voting by limited partners.
121-303. Liability to third parties.
121-304. Person erroneously believing himself a limited
partner.
121-401. Admission of additional general partners.
121-402. Events of withdrawal of a general partner.
121-403. General powers and liabilities.
121-404. Contributions by a general partner.
121-405. Classes and voting by general partners.
121-501. Form of contribution.
121-502. Liability for contributions.
121-503. Sharing of profits and losses.
121-504. Sharing of distributions.
121-601. Interim distributions.
121-602. Withdrawal of a general partner.
121-603. Withdrawal of a limited partner.
121-604. Right to distribution upon withdrawal.
121-605. Distribution in kind.
121-606. Right to distribution.
121-607. Limitations on distribution.
121-701. Nature of partnership interest.
121-702. Assignment of partnership interest.
121-703. Rights of creditor.
121-704. Right of assignee to become limited partner.
121-705. Liability upon assignment.
121-706. Power of estate of deceased or incompetent partner.
121-801. Nonjudicial dissolution.
121-802. Judicial dissolution.
121-803. Winding up.
121-804. Distribution of assets.
121-901. Law governing.
121-902. Application for authority, contents.
121-903. Certificate of amendment.
121-903-A. Certificate of change.
121-904. Application for authority; effect.
121-905. Surrender of certificate of authority.
121-906. Termination of existence.
121-907. Doing business without certificate of authority.
121-908. Violations.
121-1001. Parties to actions.
121-1002. Limited partners' derivative action.
121-1003. Security for expenses.
121-1004. Indemnification of general partner.
121-1101. Merger and consolidation of limited partnerships.
121-1102. Procedure for merger or consolidation.
121-1103. Certificate of merger or consolidation; contents.
121-1104. Effect of merger or consolidation.
121-1105. Payment for interest of dissenting limited partners.
121-1106. Mergers and consolidations involving other business
entities.
121-1201. Existing limited partnership.
121-1202. Adoption by previously formed limited partnerships.
121-1300. Fees.
REVISED LIMITED PARTNERSHIP ACT
Section 121-101. Definitions.
121-102. Partnership name.
121-103. Reservation of partnership name.
121-104. Statutory designation of secretary of state as agent
for service of process.
121-104-A. Resignation for receipt of process.
121-105. Registered agent.
121-106. Records.
121-107. Nature of business.
121-108. Business transactions of partner with the
partnership.
121-109. Service of process on limited partnerships.
121-109-a. Electronic service of process.
121-110. The partnership agreement.
121-201. Certificate of limited partnership.
121-202. Amendment of the certificate of limited partnership.
121-202-A. Certificate of change.
121-203. Cancellation of certificate.
121-204. Execution of certificates.
121-205. Execution, amendment or cancellation by judicial act.
121-206. Filing with the department of state.
121-207. Liability for false statement in certificate.
121-208. Restated certificate of limited partnership.
121-301. Admission of limited partners.
121-302. Classes and voting by limited partners.
121-303. Liability to third parties.
121-304. Person erroneously believing himself a limited
partner.
121-401. Admission of additional general partners.
121-402. Events of withdrawal of a general partner.
121-403. General powers and liabilities.
121-404. Contributions by a general partner.
121-405. Classes and voting by general partners.
121-501. Form of contribution.
121-502. Liability for contributions.
121-503. Sharing of profits and losses.
121-504. Sharing of distributions.
121-601. Interim distributions.
121-602. Withdrawal of a general partner.
121-603. Withdrawal of a limited partner.
121-604. Right to distribution upon withdrawal.
121-605. Distribution in kind.
121-606. Right to distribution.
121-607. Limitations on distribution.
121-701. Nature of partnership interest.
121-702. Assignment of partnership interest.
121-703. Rights of creditor.
121-704. Right of assignee to become limited partner.
121-705. Liability upon assignment.
121-706. Power of estate of deceased or incompetent partner.
121-801. Nonjudicial dissolution.
121-802. Judicial dissolution.
121-803. Winding up.
121-804. Distribution of assets.
121-901. Law governing.
121-902. Application for authority, contents.
121-903. Certificate of amendment.
121-903-A. Certificate of change.
121-904. Application for authority; effect.
121-905. Surrender of certificate of authority.
121-906. Termination of existence.
121-907. Doing business without certificate of authority.
121-908. Violations.
121-1001. Parties to actions.
121-1002. Limited partners' derivative action.
121-1003. Security for expenses.
121-1004. Indemnification of general partner.
121-1101. Merger and consolidation of limited partnerships.
121-1102. Procedure for merger or consolidation.
121-1103. Certificate of merger or consolidation; contents.
121-1104. Effect of merger or consolidation.
121-1105. Payment for interest of dissenting limited partners.
121-1106. Mergers and consolidations involving other business
entities.
121-1201. Existing limited partnership.
121-1202. Adoption by previously formed limited partnerships.
121-1300. Fees.