LD 1609
pg. 50
Page 49 of 146 PUBLIC Law Chapter 543 Page 51 of 146
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LR 1469
Item 1

 
(2)__Was a limited partner in a limited partnership
when the limited partnership became subject to this
chapter under section 1453, subsection 1 or 2; and

 
B.__With respect to a foreign limited partnership, a person
that has rights, powers and obligations similar to those of
a limited partner in a limited partnership.

 
11.__Limited partnership.__"Limited partnership," except in
the phrases "foreign limited partnership" and "foreign limited
liability limited partnership," means an entity having one or
more general partners and one or more limited partners that is
formed under this chapter by 2 or more persons or becomes subject
to this chapter under subchapter 11 or section 1453, subsection 1
or 2. The term includes a limited liability limited partnership.

 
12.__Partner.__"Partner" means a limited partner or general
partner.

 
13.__Partnership agreement.__"Partnership agreement" means the
partners' agreement, whether oral, implied, in a record or in any
combination, concerning the limited partnership. The term
includes the agreement as amended.

 
14.__Person.__"Person" means an individual; corporation;
business trust; estate; trust; partnership; limited liability
company; association; joint venture; government; governmental
subdivision, agency or instrumentality; public corporation; or
any other legal or commercial entity.

 
15.__Person dissociated as general partner.__"Person
dissociated as a general partner" means a person dissociated as a
general partner of a limited partnership.

 
16.__Principal office.__"Principal office" means the office
where the principal executive office of a limited partnership or
foreign limited partnership is located, whether or not the office
is located in this State.

 
17.__Record.__"Record" means information that is inscribed on
a tangible medium or that is stored in an electronic or other
medium and is retrievable in perceivable form.

 
18.__Required information.__"Required information" means the
information that a limited partnership is required to maintain
under section 1311.

 
19.__Sign.__"Sign" means:


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