Illinois Code § 805 ILCS 215/401

Becoming general partner.
Open in Lexace · Ask the AI about this section
A person becomes a general partner:
 
 
(1) as provided in the partnership agreement;
 
 
(2) under Section 801(3)(B) following the 
 
dissociation of a limited partnership's last general partner;
 
 
(3) as the result of a conversion or merger under 
 
Article 11; or
 
 
(4) with the consent of all the partners.

dissociation of a limited partnership's last general partner;
Article 11; or

‹ Prev All Illinois sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.