Sec. 6. A person acquiring a partnership interest is admitted as a limited partner when the latter of the following occurs: (1) The formation of the limited partnership. (2) The time provided in the partnership agreement or, if no time is provided in the partnership agreement, when the person's admission is reflected in the records of the limited partnership. IC 23-16-5 Chapter 5. General Partners 23-16-5-1 Admission of additional general partners 23-16-5-2 Events of withdrawal 23-16-5-3 General powers and liabilities 23-16-5-4 Contributions by general partner 23-16-5-5 Classes or groups of general partners; rights, powers, and duties; voting
‹ Prev All Indiana 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.