[§425E-104] Nature, purpose, and duration of entity. (a) A limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether its certificate states that the limited partnership is a limited liability limited partnership.
(b) A limited partnership may be organized under this chapter for any lawful purpose.
(c) A limited partnership has a perpetual duration. [L 2003, c 210, pt of §1]
Section: Previous 425e-101 425e-102 425e-103 425e-104 425e-105 425e-106 425e-107 425e-108 425e-108.5 425e-109 425e-110 425e-111 425e-112 425e-113 425e-114 NextLast modified: October 27, 2016