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Current as of January 01, 2025 | Updated by Findlaw Staff
Except as otherwise provided in this chapter, a partnership remains the same entity for purposes of holding title to or conveying an interest in real or personal property and for all other purposes:
(1) during the winding up of the partnership following its dissolution;
(2) whether the status of a partnership that is a limited liability partnership terminates undersection 323A.0105(d)or323A.1003; and
(3) regardless of whether the words “limited liability partnership,” “professional limited liability partnership,” “general partnership,” “registered limited liability partnership,” or the designation “L.L.P.,” “LLP,” “P.L.L.P.,” “PLLP,” “R.L.L.P.,” or “RLLP” are used in an instrument conveying an interest in real or personal property to or from the partnership or in any other writing.
Cite this article: FindLaw.com - Minnesota Statutes Business, Social, and Charitable Organizations (Ch. 300-323A) § 323A.1203. Effect of designation - last updated January 01, 2025 | https://codes.findlaw.com/mn/business-social-and-charitable-organizations-ch-300-323a/mn-st-sect-323a-1203/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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