KRS 362.2-104: Nature, purpose, and duration of entity.

(1) A limited partnership is an entity distinct from its partners. A limited partnership is

the same entity regardless of whether its certificate states that the limited

partnership is a limited liability limited partnership.

(2) A limited partnership may be o rganized under this subchapter for any lawful

purpose except for rendering a professional service.

(3) A limited partnership has a perpetual duration.