30-24-106. PARTNERSHIP AGREEMENT — EFFECT ON LIMITED PARTNERSHIP AND PERSON BECOMING PARTNER — PREFORMATION AGREEMENT. (a) A limited partnership is bound by and may enforce the partnership agreement, whether or not the partnership has itself manifested assent to the agreement.
(b) A person that becomes a partner of a limited partnership is deemed to assent to the partnership agreement.
(c) Two (2) or more persons intending to become the initial partners of a limited partnership may make an agreement providing that upon the formation of the partnership the agreement will become the partnership agreement.
History:
[30-24-106, added 2015, ch. 243, sec. 33, p. 842.]
Structure Idaho Code
Chapter 24 - LIMITED PARTNERSHIPS
Section 30-24-101 - SHORT TITLE.
Section 30-24-102 - DEFINITIONS.
Section 30-24-103 - KNOWLEDGE — NOTICE.
Section 30-24-104 - GOVERNING LAW.
Section 30-24-105 - PARTNERSHIP AGREEMENT — SCOPE — FUNCTION — LIMITATIONS.
Section 30-24-108 - REQUIRED INFORMATION.
Section 30-24-109 - DUAL CAPACITY.
Section 30-24-110 - NATURE, PURPOSE AND DURATION OF LIMITED PARTNERSHIP.