{"data":{"id":"us-nd/n.d.-cent.-code-45-12-02","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 45-12-02","heading":"Provisions for other existing partnerships","body":"1.Except for a general partnership governed by subsection 2, a general partnership formed under any statute of this state prior to July 1, 1959, including the general partners of a special or limited partnership formed prior to July 1, 1959, are governed by the provisions of chapters 45-05 through 45-12, until January 1, 1997, from and after July 1, 1959. After December 31, 1996, all partnerships are governed as provided in subsection 3.\n2.Before January 1, 1997, chapters 45-13 through 45-21 govern only a partnership formed:\na.After January 1, 1996, unless that partnership is continuing the business of a dissolved partnership under section 45-09-13; and\nb.Before January 1, 1996, that elects, as provided by subsection 4, to be governed by chapters 45-13 through 45-21.\n3.After December 31, 1996, chapters 45-13 through 45-21 govern all partnerships.\n4.Before January 1, 1997, a partnership voluntarily may elect, in the manner provided in its partnership agreement or by law for amending the partnership agreement, to be governed by chapters 45-13 through 45-21. Provisions of chapters 45-13 through 45-21 relating to the liability of the partnership's partners to third parties apply to limit those partners' liability to a third party who had done business with the partnership within one year preceding the partnership's election to be governed by chapters 45-13 through 45-21, only if the third party knows or has received a notification of the partnership's election to be governed by chapters 45-13 through 45-21.","path":["Title 45 Partnerships","Chapter 45-12 Application Of Law"],"source_url":"https://ndlegis.gov/cencode/t45c12.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"6ee1f30494342002741ffa527f579baf08946c227d7e7b495df44b6ba09f502b","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-45-12-01","next":"us-nd/n.d.-cent.-code-45-12-03"},"notice":"GroundRules: Original legal text. Not legal advice."}
