Section 54-1A-901 - Definitions.

NM Stat § 54-1A-901 (2019) (N/A)
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As used in this article:

(1) "general partner" means a partner in a partnership and a general partner in a limited partnership;

(2) "limited partner" means a limited partner in a limited partnership;

(3) "limited partnership" means a limited partnership created under the Uniform Limited Partnership Act [repealed], predecessor law or comparable law of another jurisdiction; and

(4) "partner" includes both a general partner and a limited partner.

History: Laws 1996, ch. 53, § 901.

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

Laws 2007, ch. 129, § 1206 repealed the Uniform Limited Partnership Act, Sections 54-2-1 through 54-2-63 NMSA 1978, effective January 1, 2009. For comparable provisions, see the Uniform Revised Limited Partnership Act, Chapter 54, Article 2A NMSA 1978.