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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 29-703.01: Becoming limited partner.

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Where this section sits in the code
  1. Title 29. Business Organizations. [Enacted title]
  2. Chapter 7. Limited Partnerships.
  3. Subchapter III. Limited Partners.

(a)

A person becomes a limited partner:

(1)

Upon formation as provided in the partnership agreement; or

(2)

After formation, a person becomes a limited partner:

(A)

As provided in the partnership agreement;

(B)

As the result of a merger under subchapter X of this chapter or a transaction under Chapter 2 of this title;

(C)

With the consent of all the partners; or

(D)

As provided in § 29-708.01(4).

(b)

A person may become a limited partner without:

(1)

Acquiring a transferable interest; or

(2)

Making or being obligated to make a contribution to the limited partnership.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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