GroundRules
Miss. Code Ann. § 79-14-301: Becoming limited partner.
Where this section sits in the code
- Title 79. Corporations, Associations, and Partnerships
- Chapter 14. Mississippi Uniform Limited Partnership Act
- Article 3. Limited Partners.
(a) Upon formation of a limited partnership, a person becomes a limited partner as agreed among the persons that are to be the initial partners.
(b) After formation, a person becomes a limited partner:
(1) As provided in the partnership agreement;
(2) As the result of a transaction effective under Article 11;
(3) With the affirmative vote or consent of all the partners; or
(4) As provided in Section 79-14-801(a)(4) or (a)(5).
(c) A person may become a limited partner without:
(1) Acquiring a transferable interest; or
(2) Making or being obligated to make a contribution to the limited partnership.
Collected 2026-10-27T05:54:23Z. Source file · JSON
Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License
Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source