(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.
Section: Previous 4-47-102 4-47-103 4-47-104 4-47-105 4-47-106 4-47-107 4-47-108 4-47-109 4-47-110 4-47-111 4-47-112 4-47-113 4-47-114 4-47-115 NextLast modified: November 15, 2016