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Part 1 - GENERAL PROVISIONS
Section 30-24-101 - SHORT TITLE. - 30-24-101. SHORT TITLE. This chapter may be cited as the...
Section 30-24-102 - DEFINITIONS. - 30-24-102. DEFINITIONS. (a) In this chapter: (1) "Certificate of limited...
Section 30-24-103 - KNOWLEDGE — NOTICE. - 30-24-103. KNOWLEDGE — NOTICE. (a) A person knows a fact...
Section 30-24-104 - GOVERNING LAW. - 30-24-104. GOVERNING LAW. The law of this state governs: (1)...
Section 30-24-105 - PARTNERSHIP AGREEMENT — SCOPE — FUNCTION — LIMITATIONS. - 30-24-105. PARTNERSHIP AGREEMENT — SCOPE — FUNCTION — LIMITATIONS. (a)...
Section 30-24-106 - PARTNERSHIP AGREEMENT — EFFECT ON LIMITED PARTNERSHIP AND PERSON BECOMING PARTNER — PREFORMATION AGREEMENT. - 30-24-106. PARTNERSHIP AGREEMENT — EFFECT ON LIMITED PARTNERSHIP AND PERSON...
Section 30-24-107 - PARTNERSHIP AGREEMENT — EFFECT ON THIRD PARTIES — RELATIONSHIP TO RECORDS EFFECTIVE ON BEHALF OF LIMITED PARTNERSHIP. - 30-24-107. PARTNERSHIP AGREEMENT — EFFECT ON THIRD PARTIES — RELATIONSHIP...
Section 30-24-108 - REQUIRED INFORMATION. - 30-24-108. REQUIRED INFORMATION. A limited partnership shall maintain at its...
Section 30-24-109 - DUAL CAPACITY. - 30-24-109. DUAL CAPACITY. A person may be both a general...
Section 30-24-110 - NATURE, PURPOSE AND DURATION OF LIMITED PARTNERSHIP. - 30-24-110. NATURE, PURPOSE AND DURATION OF LIMITED PARTNERSHIP. (a) A...
Section 30-24-111 - POWERS. - 30-24-111. POWERS. A limited partnership has the capacity to sue...
Section 30-24-112 - APPLICATION TO EXISTING RELATIONSHIPS. - 30-24-112. APPLICATION TO EXISTING RELATIONSHIPS. (a) Before July 1, 2017,...
Section 30-24-113 - SUBJECTS COVERED OUTSIDE CHAPTER. - 30-24-113. SUBJECTS COVERED OUTSIDE CHAPTER. The following subjects are covered...
Part 2 - FORMATION; CERTIFICATE OF LIMITED PARTNERSHIP AND OTHER FILINGS
Section 30-24-201 - FORMATION OF LIMITED PARTNERSHIP — CERTIFICATE OF LIMITED PARTNERSHIP. - 30-24-201. FORMATION OF LIMITED PARTNERSHIP — CERTIFICATE OF LIMITED PARTNERSHIP....
Section 30-24-202 - AMENDMENT OR RESTATEMENT OF CERTIFICATE OF LIMITED PARTNERSHIP. - 30-24-202. AMENDMENT OR RESTATEMENT OF CERTIFICATE OF LIMITED PARTNERSHIP. (a)...
Section 30-24-203 - SIGNING OF RECORDS TO BE DELIVERED FOR FILING TO SECRETARY OF STATE. - 30-24-203. SIGNING OF RECORDS TO BE DELIVERED FOR FILING TO...
Section 30-24-204 - SUBJECTS COVERED OUTSIDE CHAPTER. - 30-24-204. SUBJECTS COVERED OUTSIDE CHAPTER. The following subjects are covered...
Part 3 - LIMITED PARTNERS
Section 30-24-301 - BECOMING LIMITED PARTNER. - 30-24-301. BECOMING LIMITED PARTNER. (a) Upon formation of a limited...
Section 30-24-302 - NO AGENCY POWER OF LIMITED PARTNER AS LIMITED PARTNER. - 30-24-302. NO AGENCY POWER OF LIMITED PARTNER AS LIMITED PARTNER....
Section 30-24-303 - NO LIABILITY AS LIMITED PARTNER FOR LIMITED PARTNERSHIP OBLIGATIONS. - 30-24-303. NO LIABILITY AS LIMITED PARTNER FOR LIMITED PARTNERSHIP OBLIGATIONS....
Section 30-24-304 - RIGHTS TO INFORMATION OF LIMITED PARTNER AND PERSON DISSOCIATED AS LIMITED PARTNER. - 30-24-304. RIGHTS TO INFORMATION OF LIMITED PARTNER AND PERSON DISSOCIATED...
Section 30-24-305 - LIMITED DUTIES OF LIMITED PARTNERS. - 30-24-305. LIMITED DUTIES OF LIMITED PARTNERS. (a) A limited partner...
Section 30-24-306 - LIABILITY FOR INACCURATE INFORMATION IN FILED RECORD. - 30-24-306. LIABILITY FOR INACCURATE INFORMATION IN FILED RECORD. (a) Except...
Part 4 - GENERAL PARTNERS
Section 30-24-401 - BECOMING GENERAL PARTNER. - 30-24-401. BECOMING GENERAL PARTNER. (a) Upon formation of a limited...
Section 30-24-402 - NO AGENCY POWER OF GENERAL PARTNER AS LIMITED PARTNER. - 30-24-402. NO AGENCY POWER OF GENERAL PARTNER AS LIMITED PARTNER....
Section 30-24-403 - LIMITED PARTNERSHIP LIABLE FOR GENERAL PARTNER’S ACTIONABLE CONDUCT. - 30-24-403. LIMITED PARTNERSHIP LIABLE FOR GENERAL PARTNER’S ACTIONABLE CONDUCT. (a)...
Section 30-24-404 - RIGHTS TO INFORMATION OF GENERAL PARTNER AND PERSON DISSOCIATED AS LIMITED PARTNER. - 30-24-404. RIGHTS TO INFORMATION OF GENERAL PARTNER AND PERSON DISSOCIATED...
Section 30-24-405 - ACTIONS BY AND AGAINST PARTNERSHIP AND PARTNERS. - 30-24-405. ACTIONS BY AND AGAINST PARTNERSHIP AND PARTNERS. (a) To...
Section 30-24-406 - MANAGEMENT RIGHTS OF GENERAL PARTNER. - 30-24-406. MANAGEMENT RIGHTS OF GENERAL PARTNER. (a) Each general partner...
Section 30-24-407 - RIGHTS TO INFORMATION OF GENERAL PARTNER AND PERSON DISSOCIATED AS GENERAL PARTNER. - 30-24-407. RIGHTS TO INFORMATION OF GENERAL PARTNER AND PERSON DISSOCIATED...
Section 30-24-408 - REIMBURSEMENT — INDEMNIFICATION — ADVANCEMENT — INSURANCE. - 30-24-408. REIMBURSEMENT — INDEMNIFICATION — ADVANCEMENT — INSURANCE. (a) A...
Section 30-24-409 - STANDARDS OF CONDUCT FOR GENERAL PARTNERS. - 30-24-409. STANDARDS OF CONDUCT FOR GENERAL PARTNERS. (a) A general...
Part 5 - CONTRIBUTIONS AND DISTRIBUTIONS
Section 30-24-501 - FORM OF CONTRIBUTION. - 30-24-501. FORM OF CONTRIBUTION. A contribution may consist of property...
Section 30-24-502 - LIABILITY FOR CONTRIBUTION. - 30-24-502. LIABILITY FOR CONTRIBUTION. (a) A person’s obligation to make...
Section 30-24-503 - SHARING OF AND RIGHT TO DISTRIBUTIONS BEFORE DISSOLUTION. - 30-24-503. SHARING OF AND RIGHT TO DISTRIBUTIONS BEFORE DISSOLUTION. (a)...
Section 30-24-504 - LIMITATIONS ON DISTRIBUTIONS. - 30-24-504. LIMITATIONS ON DISTRIBUTIONS. (a) A limited partnership may not...
Section 30-24-505 - LIABILITY FOR IMPROPER DISTRIBUTIONS. - 30-24-505. LIABILITY FOR IMPROPER DISTRIBUTIONS. (a) If a general partner...
Part 6 - DISSOCIATION
Section 30-24-601 - DISSOCIATION AS LIMITED PARTNER. - 30-24-601. DISSOCIATION AS LIMITED PARTNER. (a) A person does not...
Section 30-24-602 - EFFECT OF DISSOCIATION AS LIMITED PARTNER. - 30-24-602. EFFECT OF DISSOCIATION AS LIMITED PARTNER. (a) If a...
Section 30-24-603 - DISSOCIATION AS GENERAL PARTNER. - 30-24-603. DISSOCIATION AS GENERAL PARTNER. A person is dissociated as...
Section 30-24-604 - POWER TO DISSOCIATE AS GENERAL PARTNER — WRONGFUL DISSOCIATION. - 30-24-604. POWER TO DISSOCIATE AS GENERAL PARTNER — WRONGFUL DISSOCIATION....
Section 30-24-605 - EFFECT OF DISSOCIATION AS GENERAL PARTNER. - 30-24-605. EFFECT OF DISSOCIATION AS GENERAL PARTNER. (a) If a...
Section 30-24-606 - POWER TO BIND AND LIABILITY OF PERSON DISSOCIATED AS GENERAL PARTNER. - 30-24-606. POWER TO BIND AND LIABILITY OF PERSON DISSOCIATED AS...
Section 30-24-607 - LIABILITY OF PERSON DISSOCIATED AS GENERAL PARTNER TO OTHER PERSONS. - 30-24-607. LIABILITY OF PERSON DISSOCIATED AS GENERAL PARTNER TO OTHER...
Part 7 - TRANSFERABLE INTERESTS AND RIGHTS OF TRANSFEREES AND CREDITORS
Section 30-24-701 - NATURE OF TRANSFERABLE INTEREST. - 30-24-701. NATURE OF TRANSFERABLE INTEREST. A transferable interest is personal...
Section 30-24-702 - TRANSFER OF TRANSFERABLE INTEREST. - 30-24-702. TRANSFER OF TRANSFERABLE INTEREST. (a) A transfer, in whole...
Section 30-24-703 - CHARGING ORDER. - 30-24-703. CHARGING ORDER. (a) On application by a judgment creditor...
Section 30-24-704 - POWER OF LEGAL REPRESENTATIVE OF DECEASED PARTNER. - 30-24-704. POWER OF LEGAL REPRESENTATIVE OF DECEASED PARTNER. If a...
Part 8 - DISSOLUTION AND WINDING UP
Section 30-24-801 - EVENTS CAUSING DISSOLUTION. - 30-24-801. EVENTS CAUSING DISSOLUTION. (a) A limited partnership is dissolved,...
Section 30-24-802 - WINDING UP. - 30-24-802. WINDING UP. (a) A dissolved limited partnership shall wind...
Section 30-24-803 - RESCINDING DISSOLUTION. - 30-24-803. RESCINDING DISSOLUTION. (a) A limited partnership may rescind its...
Section 30-24-804 - POWER TO BIND PARTNERSHIP AFTER DISSOLUTION. - 30-24-804. POWER TO BIND PARTNERSHIP AFTER DISSOLUTION. (a) A limited...
Section 30-24-805 - LIABILITY AFTER DISSOLUTION OF GENERAL PARTNER AND PERSON DISSOCIATED AS GENERAL PARTNER. - 30-24-805. LIABILITY AFTER DISSOLUTION OF GENERAL PARTNER AND PERSON DISSOCIATED...
Section 30-24-806 - KNOWN CLAIMS AGAINST DISSOLVED LIMITED PARTNERSHIP. - 30-24-806. KNOWN CLAIMS AGAINST DISSOLVED LIMITED PARTNERSHIP. (a) Except as...
Section 30-24-807 - OTHER CLAIMS AGAINST DISSOLVED LIMITED PARTNERSHIP. - 30-24-807. OTHER CLAIMS AGAINST DISSOLVED LIMITED PARTNERSHIP. (a) A dissolved...
Section 30-24-808 - COURT PROCEEDINGS. - 30-24-808. COURT PROCEEDINGS. [(a)](1) A dissolved limited partnership that has...
Section 30-24-809 - LIABILITY OF GENERAL PARTNER AND PERSON DISSOCIATED AS GENERAL PARTNER WHEN CLAIM AGAINST LIMITED PARTNERSHIP BARRED. - 30-24-809. LIABILITY OF GENERAL PARTNER AND PERSON DISSOCIATED AS GENERAL...
Section 30-24-810 - DISPOSITION OF ASSETS IN WINDING UP — WHEN CONTRIBUTIONS REQUIRED. - 30-24-810. DISPOSITION OF ASSETS IN WINDING UP — WHEN CONTRIBUTIONS...
Section 30-24-811 - SUBJECTS COVERED OUTSIDE CHAPTER. - 30-24-811. SUBJECTS COVERED OUTSIDE CHAPTER. The following subjects are covered...
Part 9 - ACTIONS BY PARTNERS
Section 30-24-901 - DIRECT ACTION BY PARTNER. - 30-24-901. DIRECT ACTION BY PARTNER. (a) Subject to subsection (b)...
Section 30-24-902 - DERIVATIVE ACTION. - 30-24-902. DERIVATIVE ACTION. A partner may maintain a derivative action...
Section 30-24-903 - PROPER PLAINTIFF. - 30-24-903. PROPER PLAINTIFF. A derivative action to enforce a right...
Section 30-24-904 - PLEADING. - 30-24-904. PLEADING. In a derivative action, the complaint must state...
Section 30-24-905 - SPECIAL LITIGATION COMMITTEE. - 30-24-905. SPECIAL LITIGATION COMMITTEE. (a) If a limited partnership is...
Section 30-24-906 - PROCEEDS AND EXPENSES. - 30-24-906. PROCEEDS AND EXPENSES. (a) Except as otherwise provided in...