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Idaho · Through 2026 Legislative Session

Idaho Code § 30-24-401: BECOMING GENERAL PARTNER.

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Where this section sits in the code
  1. TITLE 30 CORPORATIONS
  2. CHAPTER 24 LIMITED PARTNERSHIPS
  3. PART 4 GENERAL PARTNERS

(a) Upon formation of a limited partnership, a person becomes a general partner as agreed among the persons that are to be the initial partners.

(b) After formation of a limited partnership, a person becomes a general partner:

(1) As provided in the partnership agreement;

(2) As the result of a transaction effective under chapter 22, title 30, Idaho Code;

(3) With the affirmative vote or consent of all the partners: or

(4) Under section 30-24-801(a)(3)(B), Idaho Code, following the dissociation of a limited partnership’s last general partner.

(c) A person may become a general partner without:

[(1)](a) Acquiring a transferable interest; or

[(2)](b) Making or being obligated to make a contribution to the partnership.

Collected 2026-09-04T11:18:36Z. Source file · JSON

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