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

D.C. Code § 29-704.01: Becoming general 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 IV. General Partners.

(a)

A person becomes a general partner:

(1)

Upon formation of a limited partnership, as agreed among the persons that are to be the initial partners; and

(2)

After formation:

(A)

As provided in the partnership agreement;

(B)

Under § 29-708.01(3)(B) following the dissociation of a limited partnership’s last general partner;

(C)

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

(D)

With the consent of all the partners.

(3)

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

(4)

With the consent of all the partners.

(b)

A person may become a general partner without:

(1)

Acquiring a transferable interest; or

(2)

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

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

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