Rhode Island General Laws
Part 1 - General Provisions [Effective January 1, 2023.]
Section 7-13.1-110. - Nature, purpose, and duration of limited partnership. [Effective January 1, 2023.]

§ 7-13.1-110. Nature, purpose, and duration of limited partnership. [Effective January 1, 2023.]
(a) A limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether its certificate states that the limited partnership is a limited liability limited partnership.
(b) A limited partnership may have any lawful purpose, regardless of whether for profit.
(c) A limited partnership has perpetual duration.
History of Section.P.L. 2022, ch. 121, § 2, effective January 1, 2023; P.L. 2022, ch. 122, § 2, effective January 1, 2023.

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Structure Rhode Island General Laws

Rhode Island General Laws

Title 7 - Corporations, Associations and Partnerships

Chapter 7-13.1 - Uniform Limited Partnership Act [Effective January 1, 2023.]

Part 1 - General Provisions [Effective January 1, 2023.]

Section 7-13.1-101. - Short title. [Effective January 1, 2023.]

Section 7-13.1-102. - Definitions. [Effective January 1, 2023.]

Section 7-13.1-103. - Knowledge; Notice. [Effective January 1, 2023.]

Section 7-13.1-104. - Governing law. [Effective January 1, 2023.]

Section 7-13.1-105. - Partnership agreement; Scope, function, and limitations. [Effective January 1, 2023.]

Section 7-13.1-106. - Partnership agreement — Effect on limited partnership and person becoming partner — Preformation agreement. [Effective January 1, 2023.]

Section 7-13.1-107. - Partnership agreement — Effect on third parties and relationship to records effective on behalf of limited partnership. [Effective January 1, 2023.]

Section 7-13.1-108. - Required information. [Effective January 1, 2023.]

Section 7-13.1-109. - Dual capacity. [Effective January 1, 2023.]

Section 7-13.1-110. - Nature, purpose, and duration of limited partnership. [Effective January 1, 2023.]

Section 7-13.1-111. - Powers. [Effective January 1, 2023.]

Section 7-13.1-112. - Application to existing relationships — Effect of repeal of prior acts. [Effective January 1, 2023.]

Section 7-13.1-113. - Supplemental principles of law. [Effective January 1, 2023.]

Section 7-13.1-114. - Permitted names. [Effective January 1, 2023.]

Section 7-13.1-114.1. - Fictitious business name. [Effective January 1, 2023.]

Section 7-13.1-115. - Reservation of name. [Effective January 1, 2023.]

Section 7-13.1-116. - Registration of name. [Effective January 1, 2023.]

Section 7-13.1-117. - Registered agent. [Effective January 1, 2023.]

Section 7-13.1-118. - Change of registered agent or address for registered agent by limited partnership. [Effective January 1, 2023.]

Section 7-13.1-119. - Resignation of registered agent. [Effective January 1, 2023.]

Section 7-13.1-120. - Change of name or address by registered agent. [Effective January 1, 2023.]

Section 7-13.1-121. - Service of process, notice, or demand. [Effective January 1, 2023.]

Section 7-13.1-122. - Delivery of record. [Effective January 1, 2023.]

Section 7-13.1-123. - Fees for filing documents and issuing certificates. [Effective January 1, 2023.]

Section 7-13.1-124. - Reservation of power to amend or repeal. [Effective January 1, 2023.]