805 ILCS 215/401: Becoming general partner.
Where this section sits in the code
- CHAPTER 805 BUSINESS ORGANIZATIONS
- Uniform Limited Partnership Act (2001).
A person becomes a general partner:
(1) as provided in the partnership agreement;
(2) under Section 801(3)(B) following the dissociation of a limited partnership's last general partner;
(3) as the result of a conversion or merger under Article 11; or
(4) with the consent of all the partners.
Collected 2026-09-15T04:46:47Z. Source file · JSON