30-23-402. BECOMING PARTNER. (a) Upon formation of a partnership, a person becomes a partner under section 30-23-202(a), Idaho Code.
(b) After formation of a partnership, a person becomes a partner:
(1) As provided in the partnership agreement;
(2) As a result of a transaction effective under chapter 22, title 30, Idaho Code; or
(3) With the affirmative vote or consent of all the partners.
(c) A person may become a partner without:
(1) Acquiring a transferable interest; or
(2) Making or being obligated to make a contribution to the partnership.
History:
[30-23-402, added 2015, ch. 243, sec. 26, p. 819; am. 2020, ch. 82, sec. 24, p. 197.]
Structure Idaho Code
Chapter 23 - GENERAL PARTNERSHIPS
Part 4 - RELATIONS OF PARTNERS TO EACH OTHER AND TO PARTNERSHIP
Section 30-23-401 - PARTNER’S RIGHTS AND DUTIES.
Section 30-23-402 - BECOMING PARTNER.
Section 30-23-403 - FORM OF CONTRIBUTION.
Section 30-23-404 - LIABILITY FOR CONTRIBUTION.
Section 30-23-405 - SHARING OF AND RIGHT TO DISTRIBUTIONS BEFORE DISSOLUTION.
Section 30-23-406 - LIMITATIONS ON DISTRIBUTIONS BY LIMITED LIABILITY PARTNERSHIP.
Section 30-23-407 - LIABILITY OF IMPROPER DISTRIBUTIONS BY LIMITED LIABILITY PARTNERSHIP.
Section 30-23-408 - RIGHTS TO INFORMATION OF PARTNERS AND PERSONS DISSOCIATED AS PARTNER.
Section 30-23-409 - STANDARDS OF CONDUCT FOR PARTNERS.
Section 30-23-410 - ACTIONS BY PARTNERSHIP AND PARTNERS.
Section 30-23-411 - CONTINUATION OF PARTNERSHIP BEYOND DEFINITE TERM OR PARTICULAR UNDERTAKING.