(805 ILCS 215/301)
Sec. 301. Becoming limited partner. A person becomes a limited partner:
(1) as provided in the partnership agreement;
(2) as the result of a conversion or merger under
Article 11; or
(3) with the consent of all the partners.
(Source: P.A. 93-967, eff. 1-1-05.)
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Last modified: February 18, 2015