District of Columbia Code
Subchapter III - Limited Partners
§ 29–703.01. Becoming limited partner

(a) A person becomes a limited partner:
(1) Upon formation as provided in the partnership agreement; or
(2) After formation, a person becomes a limited partner:
(A) As provided in the partnership agreement;
(B) As the result of a merger under subchapter X of this chapter or a transaction under Chapter 2 of this title;
(C) With the consent of all the partners; or
(D) As provided in § 29-708.01(4).
(b) 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.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(g)(4)(A), 59 DCR 13171.)
This section is referenced in § 29-701.02.
The 2013 amendment by D.C. Law 19-210 rewrote the section.
Uniform Law: This section is based on § 301 of the Uniform Limited Partnership Act (2001 Act).
Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.

Structure District of Columbia Code