488.401 Becoming general partner.
67 words·~1 min read·
/ia/chapter-488-uniform-limited-partnership-act/488-401·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A person becomes a general partner according to any of the following:
1. As provided in the partnership agreement.
2. Under section 488.801, subsection 3, paragraph “b”, following the dissociation of a limited partnership’s last general partner.
3. As the result of a conversion or merger under article 11.
4. With the consent of all the partners.
2004 Acts, ch 1021, §35, 118
Referred to in §488.102