Partnership agreement — Effect on limited partnership and person becoming partner — Preformation agreement
Known as the Idaho Uniform Limited Partnership Act
The act spans §§ 30–30 (65 sections).
I.C., § 30-24 -106, as added by 2015, ch. 243, § 33, p. 758.
(1) A limited partnership is bound by and may enforce the partnership agreement, whether or not the partnership has itself manifested assent to the agreement.
(2) A person that becomes a partner of a limited partnership is deemed to assent to the partnership agreement.
(3) 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.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.