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§ 54-2A-401 NMSA 1978

Becoming general partner

Known as the Uniform Revised Limited Partnership Act

The act spans §§ 54–54 (104 sections).

Laws 2007, ch. 129, § 401.

A person becomes a general partner:

A. as provided in the partnership agreement;

B. pursuant to Paragraph (2) of Subsection C of Section 801 [ 54-2A-801 NMSA 1978] of the Uniform Revised Limited Partnership Act following the dissociation of a limited partnership's last general partner;

C. as the result of a conversion or merger pursuant to Article 11 [ 54-2A-1101 NMSA 1978] of the Uniform Revised Limited Partnership Act; or

D. with the consent of all the partners.

Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.