23-16-4-1. Additional limited partners

IN Code § 23-16-4-1 (2019) (N/A)
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Sec. 1. After the formation of a limited partnership, a person may be admitted as an additional limited partner:

(1) in the case of a person acquiring a partnership interest directly from the limited partnership, upon compliance with the partnership agreement or, if the partnership agreement does not so provide, upon the written consent of all partners; and

(2) in the case of an assignee of a partnership interest, as provided in IC 23-16-8-4.

As added by P.L.147-1988, SEC.1.