A person becomes a limited partner:
1. As provided in the partnership agreement;
2. As the result of a conversion or merger under sections 45-10.2-94 through 45-10.2-106; or 3. With the consent of all of the partners.
(301) Becoming a limited partner
Known as the North Dakota Uniform Limited Partnership Act
The act spans §§ 45–45 (119 sections).
A person becomes a limited partner:
1. As provided in the partnership agreement;
2. As the result of a conversion or merger under sections 45-10.2-94 through 45-10.2-106; or 3. With the consent of all of the partners.
Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.