A person becomes a limited partner:
(1) as provided in the partnership agreement;
(2) as the result of a conversion or merger under Title 35, chapter 12, part 15; or
(3) with the consent of all the partners.
Mont. Code Ann. § 35-12-701
Becoming limited partner
Known as the Uniform Limited Partnership Act
The act spans §§ 35–35 (164 sections).
En
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.