Illinois Compiled Statutes 805 ILCS 206 Uniform Partnership Act (1997). Section 901

    (805 ILCS 206/901)

    Sec. 901. Definitions. In this Article:

        (1) "General partner" means a partner in a

    partnership and a general partner in a limited partnership.

        (2) "Limited partner" means a limited partner in a

    limited partnership.

        (3) "Limited partnership" means a limited partnership

    created under the Uniform Limited Partnership Act (2001), predecessor law, or comparable law of another jurisdiction.

        (4) "Partner" includes both a general partner and a

    limited partner.

(Source: P.A. 92-740, eff. 1-1-03; 93-967, eff. 1-1-05.)

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Last modified: February 18, 2015