Idaho Code § 30-24-401: BECOMING GENERAL PARTNER.
Where this section sits in the code
- TITLE 30 CORPORATIONS
- CHAPTER 24 LIMITED PARTNERSHIPS
- 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