Current through the 2024 Regular Session
Section 30-24-106 - PARTNERSHIP AGREEMENT - EFFECT ON LIMITED PARTNERSHIP AND PERSON BECOMING PARTNER - PREFORMATION AGREEMENT(a) A limited partnership is bound by and may enforce the partnership agreement, whether or not the partnership has itself manifested assent to the agreement.(b) A person that becomes a partner of a limited partnership is deemed to assent to the partnership agreement.(c) Two (2) or more persons intending to become the initial partners of a limited partnership may make an agreement providing that upon the formation of the partnership the agreement will become the partnership agreement.[30-24-106, added 2015, ch. 243, sec. 33, p. 842.]Added by 2015 Session Laws, ch. 243,sec. 33, eff. 7/1/2015.