(b) On and after the effective date of this article, any limited
partnership formed under the laws of the state prior to the effective
date of this article which does not elect to be governed by this article
which would be required under article eight to amend its certificate of
limited partnership or wishes to amend its certificate of limited
partnership shall file such amendment with the department of state,
together with a certificate of adoption as described in subdivision (a)
of this section. Such amendment shall (i) contain a caption that such
amendment is filed pursuant to this subdivision and (ii) shall state (A)
the date on which and the county in which its original certificate of
limited partnership was filed as well as the name of the limited
partnership as provided in such original certificate, if different; and
(B) if the principal place of business stated in such original
certificate of limited partnership has been changed to another county
and an amendment thereto filed with the county clerk of the county in
which such principal place of business was changed, the date on and the
county in which such amendment was filed. Simultaneously, such limited
partnership shall file a notice with the county clerk of the county in
which its prior certificate was filed stating that it has filed an
amendment to its certificate under this section. Following the filing of
an initial notice to such clerks of the county no further notice of any
additional amendments need be filed with such clerks of the county.
(c) Notwithstanding the provisions of section 121-102 of this article,
any limited partnership not electing to be governed by this article may
continue to use the name under which it has heretofore done business in
this state. A limited partnership electing not to be governed by this
article upon filing the amendments provided for in subdivision (b) of
this section shall thereafter be governed by this article and not by the
law previously applicable to it.
(d) Unless otherwise provided in the partnership agreement of the
limited partnership organized prior to the effective date of this
article, the general partners of such limited partnership shall have the
power and authority to elect whether at any time such limited
partnership shall be governed by this article.
Structure New York Laws
Article 8-A - Revised Limited Partnership Act
121-103 - Reservation of Partnership Name.
121-104 - Statutory Designation of Secretary of State as Agent for Service of Process.
121-104-A - Resignation for Receipt of Process.
121-108 - Business Transactions of Partner With the Partnership.
121-109 - Service of Process on Limited Partnerships.
121-109-A - Electronic Service of Process.
121-110 - The Partnership Agreement.
121-201 - Certificate of Limited Partnership.
121-202 - Amendment of the Certificate of Limited Partnership.
121-202-A - Certificate of Change.
121-203 - Cancellation of Certificate.
121-204 - Execution of Certificates.
121-205 - Execution, Amendment or Cancellation by Judicial Act.
121-206 - Filing With the Department of State.
121-207 - Liability for False Statement in Certificate.
121-208 - Restated Certificate of Limited Partnership.
121-301 - Admission of Limited Partners.
121-302 - Classes and Voting by Limited Partners.
121-303 - Liability to Third Parties.
121-304 - Person Erroneously Believing Himself a Limited Partner.
121-401 - Admission of Additional General Partners.
121-402 - Events of Withdrawal of a General Partner.
121-403 - General Powers and Liabilities.
121-404 - Contributions by a General Partner.
121-405 - Classes and Voting by General Partners.
121-501 - Form of Contribution.
121-502 - Liability for Contributions.
121-503 - Sharing of Profits and Losses.
121-504 - Sharing of Distributions.
121-601 - Interim Distributions.
121-602 - Withdrawal of a General Partner.
121-603 - Withdrawal of a Limited Partner.
121-604 - Right to Distribution Upon Withdrawal.
121-605 - Distribution in Kind.
121-606 - Right to Distribution.
121-607 - Limitations on Distribution.
121-701 - Nature of Partnership Interest.
121-702 - Assignment of Partnership Interest.
121-704 - Right of Assignee to Become Limited Partner.
121-705 - Liability Upon Assignment.
121-706 - Power of Estate of Deceased or Incompetent Partner.
121-801 - Nonjudicial Dissolution.
121-802 - Judicial Dissolution.
121-804 - Distribution of Assets.
121-902 - Application for Authority, Contents.
121-903 - Certificate of Amendment.
121-903-A - Certificate of Change.
121-904 - Application for Authority; Effect.
121-905 - Surrender of Certificate of Authority.
121-906 - Termination of Existence.
121-907 - Doing Business Without Certificate of Authority.
121-1001 - Parties to Actions.
121-1002 - Limited Partners' Derivative Action.
121-1003 - Security for Expenses.
121-1004 - Indemnification of General Partner.
121-1101 - Merger and Consolidation of Limited Partnerships.
121-1102 - Procedure for Merger or Consolidation.
121-1103 - Certificate of Merger or Consolidation; Contents.
121-1104 - Effect of Merger or Consolidation.
121-1105 - Payment for Interest of Dissenting Limited Partners.
121-1106 - Mergers and Consolidations Involving Other Business Entities.
121-1201 - Existing Limited Partnership.
121-1202 - Adoption by Previously Formed Limited Partnerships.