Minnesota Statutes
Chapter 322 — 1919 Uniform Limited Partnership Act
Section 322.30 — Provisions For Existing Limited Partnerships.

A limited partnership formed under any statute of this state prior to the adoption of this chapter may become a limited partnership under this chapter by complying with the provisions of section 322.02; provided the certificate sets forth:
(1) the amount of the original contribution of each limited partner, and the time when the contribution was made; and
(2) that the property of the partnership exceeds the amount sufficient to discharge its liabilities to persons not claiming as general or limited partners by an amount greater than the sum of the contributions of its limited partners.
A limited partnership formed under any statute of this state prior to the adoption of this chapter, until or unless it becomes a limited partnership under this chapter, shall continue to be governed by the provisions of General Statutes 1913, chapter 57, except that such partnership shall not be renewed unless so provided in the original agreement.
(7382) 1919 c 498 s 30

Structure Minnesota Statutes

Minnesota Statutes

Chapters 300 - 323A — Business, Social, And Charitable Organizations

Chapter 322 — 1919 Uniform Limited Partnership Act

Section 322.01 — Definition.

Section 322.02 — Formation.

Section 322.03 — Business Which May Be Carried On.

Section 322.04 — Character Of Limited Partner's Contribution.

Section 322.05 — Name Not To Contain Surname Of Limited Partner.

Section 322.06 — Liability For False Statements In Certificate.

Section 322.07 — Limited Partner Not Liable To Creditors.

Section 322.08 — Admission Of Additional Limited Partners.

Section 322.09 — Rights, Powers, And Liabilities Of A General Partner.

Section 322.10 — Rights Of A Limited Partner.

Section 322.11 — Status Of Person Erroneously Believing To Be A Limited Partner.

Section 322.12 — One Person Both General And Limited Partner.

Section 322.13 — Loans And Other Business Transactions With Limited Partner.

Section 322.14 — Relation Of Limited Partners Inter Se.

Section 322.15 — Compensation Of Limited Partner.

Section 322.16 — Withdrawal Or Reduction Of Limited Partner's Contribution.

Section 322.17 — Liability Of Limited Partner To Partnership.

Section 322.18 — Nature Of Limited Partner's Interest.

Section 322.19 — Assignment Of Limited Partner's Interest.

Section 322.20 — Effect Of Retirement, Death, Or Insanity Of A General Partner.

Section 322.21 — Death Of Limited Partner.

Section 322.22 — Rights Of Creditors Of Limited Partner.

Section 322.23 — Distribution Of Assets.

Section 322.24 — When Certificate Shall Be Canceled Or Amended.

Section 322.25 — Requirements For Amendment And For Cancellation Of Certificate.

Section 322.26 — Parties To Actions.

Section 322.27 — Citation.

Section 322.28 — Rules Of Construction.

Section 322.29 — Rules For Cases Not Provided For.

Section 322.30 — Provisions For Existing Limited Partnerships.

Section 322.31 — Repeals.