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2020 Indiana Code
Title 23. Business and Other Associations
Article 16. Limited Partnerships
Chapter 4. Limited Partners
23-16-4-6. Admission of Limited Partners
Universal Citation:
IN Code § 23-16-4-6 (2020)
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Sec. 6. A person acquiring a partnership interest is admitted as a limited partner when the latter of the following occurs:
(1) The formation of the limited partnership.
(2) The time provided in the partnership agreement or, if no time is provided in the partnership agreement, when the person's admission is reflected in the records of the limited partnership.
As added by P.L.147-1988, SEC.1.
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