District of Columbia Code Division V. Local Business Affairs § 29-701.08. Partnership agreement; effect on limited partnership and person becoming partner; preformation agreement.
Current as of January 01, 2020 | Updated by FindLaw Staff
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(a) A limited partnership is bound by and may enforce the partnership agreement, whether or not the partnership has itself manifested assent to the partnership agreement.
(b) A person that becomes a partner of a limited partnership is deemed to assent to the partnership agreement.
(c) Two or more persons intending to become the initial partners of a limited partnership may make an agreement providing that upon the formation of the partnership the agreement will become the partnership agreement.
Cite this article: FindLaw.com - District of Columbia Code Division V. Local Business Affairs § 29-701.08. Partnership agreement; effect on limited partnership and person becoming partner; preformation agreement. - last updated January 01, 2020 | https://codes.findlaw.com/dc/division-v-local-business-affairs/dc-code-sect-29-701-08/
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