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D.C. Code § 29-701.04

Nature, purpose, and duration of entity

Known as the Uniform Limited Partnership Act

The act spans §§ 29–29 (80 sections).

July 2, 2011, D.C

(a) A limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether its certificate states that the limited partnership is a limited liability limited partnership.

(b) A limited partnership may be formed under this chapter for any lawful purpose, regardless of whether for profit.

(c) A limited partnership shall have a perpetual duration.

Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.