{"data":{"id":"us-az/a.r.s.-29-317","jurisdiction":"us-az","citation":"A.R.S. § 29-317","heading":"Admission of limited partners","body":"A. A person becomes a limited partner:\n\n1. At the time the limited partnership is formed; or\n\n2. At any later time specified in the records of the limited partnership for becoming a limited partner.\n\nB. After the filing of a limited partnership's original certificate of limited partnership, a person may be admitted as an additional limited partner:\n\n1. In the case of a person acquiring a partnership interest directly from the limited partnership, upon the compliance with the partnership agreement or, if the partnership agreement does not so provide, upon the written consent of all partners; and\n\n2. In the case of an assignee of a partnership interest of a partner who has the power, as provided in section 29-342, to grant the assignee the right to become a limited partner, upon the exercise of that power and compliance with any conditions limiting the grant or exercise of the power.","path":["Title 29 Partnership"],"source_url":"https://www.azleg.gov/ars/29/00317.htm","current_through":"2026-09-04","vintage":"2026-08-09","retrieved_at":"2026-09-04T00:49:56Z","sha256":"751fa76edcaffcf6313c85ae71ee736babd1af2b81fbc20516df7bd13ecd22cb","source_id":"us-az","stale":true,"prev":"us-az/a.r.s.-29-316","next":"us-az/a.r.s.-29-318"},"notice":"GroundRules: Original legal text. Not legal advice."}