There is a newer version of the Iowa Code
2011 Iowa Code
TITLE XII BUSINESS ENTITIES
SUBTITLE 1 PARTNERSHIPS
CHAPTER 488 UNIFORM LIMITED PARTNERSHIP ACT
488.104 Nature, purpose, and duration of entity.
IA Code § 488.104 What's This?
488.104 Nature, purpose, and duration of entity.
1. A limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether its certificate states that the limited partnership is a limited liability limited partnership.
2. A limited partnership may be organized under this chapter for any lawful purpose.
3. A limited partnership has a perpetual duration.
2004 Acts, ch 1021, §4, 118
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