Montana Code Annotated 2023

TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 12. LIMITED PARTNERSHIPS

Part 7. Limited Partners

Becoming Limited Partner

35-12-701. Becoming limited partner. 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.

History: En. Sec. 20, Ch. 522, L. 1981; amd. Sec. 16, Ch. 268, L. 1997; amd. Sec. 26, Ch. 216, L. 2011.