2013 Kentucky Revised Statutes
CHAPTER 362 - PARTNERSHIPS
Subchapter 2 - Kentucky Uniform Limited Partnership Act (2006)

2.2-1001 Renumbered as 362.2-931, effective 2013.
2.2-1002 Renumbered as 362.2-932, effective 2013.
2.2-1003 Renumbered as 362.2-933, effective 2013.
2.2-1004 Renumbered as 362.2-934, effective 2013.
2.2-1005 Renumbered as 362.2-935, effective 2013.

General Provisions

2.2-102 Definitions for subchapter.
2.2-103 Knowledge and notice.
2.2-104 Nature, purpose, and duration of entity.
2.2-105 Powers of limited partnership.
2.2-106 Governing law.
2.2-107 Supplemental principles of law -- Rate of interest.
2.2-108 Name of limited partnership.
2.2-109 Repealed, 2011.
2.2-110 Effect of partnership agreement -- Nonwaivable provisions.
2.2-1101 Renumbered as 362.2-951, effective 2013.
2.2-1102 Renumbered as 362.2-952, effective 2013.
2.2-1103 Renumbered as 362.2-953, effective 2013.
2.2-1104 Renumbered as 362.2-954, effective 2013.
2.2-1105 Renumbered as 362.2-955, effective 2013.
2.2-1106 Renumbered as 362.2-956, effective 2013.
2.2-1107 Renumbered as 362.2-957, effective 2013.
2.2-1108 Renumbered as 362.2-958, effective 2013.
2.2-1109 Renumbered as 362.2-959, effective 2013.
2.2-111 Required information.
2.2-1110 Renumbered as 362.2-960, effective 2013.
2.2-1111 Renumbered as 362.2-961, effective 2013.
2.2-1112 Renumbered as 362.2-962, effective 2013.
2.2-1113 Renumbered as 362.2-963, effective 2013.
2.2-112 Business transactions of partner with partnership.
2.2-113 Dual capacity.
2.2-114 Office and agent for service of process.
2.2-115 Change of designated office or agent for service of process.
2.2-116 Repealed, 2011.
2.2-117 Repealed, 2011.
2.2-118 Consent and proxies of partners.
2.2-119 Repealed, 2011.
2.2-120 Repealed, 2011.
2.2-1201 Renumbered as 362.2-971, effective 2013.
2.2-1202 Renumbered as 362.2-972, effective 2013.
2.2-1203 Renumbered as 362.2-973, effective 2013.
2.2-1204 Renumbered as 362.2-974, effective 2013.
2.2-1205 Renumbered as 362.2-975, effective 2013.
2.2-1206 Renumbered as 362.2-976, effective 2013.
2.2-1207 Renumbered as 362.2-977, effective 2013.
2.2-121 Requirements for documents to be filed with the Secretary of State.
2.2-122 Fees for filing documents with Secretary of State.
2.2-123 Repealed, 2011.
2.2-124 Repealed, 2011.
2.2-125 Repealed, 2011.

Formation Certificate of Limited Partnership and Other Filings

2.2-201 Formation of limited partnership -- Certificate of limited partnership.
2.2-202 Amendment or restatement of certificate.
2.2-203 Statement of cancellation.
2.2-204 Signing of records.
2.2-205 Signing and filing by judicial act.
2.2-206 Delivery to and filing of records by the Secretary of State.
2.2-207 Repealed, 2011.
2.2-208 Liability for false information in record.
2.2-209 Repealed, 2011.
2.2-210 Annual report for Secretary of State.

Limited Partners

2.2-301 Admission of limited partner.
2.2-302 No right or power as limited partner to bind limited partnership.
2.2-303 No liability as limited partner for limited partnership.
2.2-304 Right to information of limited partner and formed limited partner.
2.2-305 Limited duties of limited partners.
2.2-306 Person erroneously believing self limited partner.

General Partners

2.2-401 Admission of general partner.
2.2-402 General partner agent of limited partnership.
2.2-403 Limited partnership liable for general partner's actionable conduct.
2.2-404 General partner's liability.
2.2-405 Actions by and against partnership and partners.
2.2-406 Management rights of general partner.
2.2-407 Right to information of general partner and former general partner.
2.2-408 General standards of general partner's conduct.

Contributions and Distributions

2.2-501 Form of contribution.
2.2-502 Liability for contribution.
2.2-503 Sharing of distributions.
2.2-504 Interim distributions.
2.2-505 No distribution on account of dissociation.
2.2-506 Distribution in kind.
2.2-507 Right to distribution.
2.2-508 Limitations on distribution.
2.2-509 Liability for improper distributions.

Dissociation

2.2-601 Dissociation as limited partner.
2.2-602 Effect of dissociation as limited partner.
2.2-603 Dissociation as general partner.
2.2-604 Person's power to dissociate as general partner -- Wrongful dissociation.
2.2-605 Effect of dissociation as general partner.
2.2-606 Power to bind and liability to partnership before dissolution of person dissociated as general partner.
2.2-607 Liability to other persons of person dissociated as general partner.

Transferable Interests and Rights of Transferees and Creditors

2.2-701 Partner's transferable interest.
2.2-702 Transfer of partner's transferable interest.
2.2-703 Partner's transferable interest subject to charging order.
2.2-704 Power of estate of deceased partner.

Dissolution

2.2-801 Nonjudicial dissolution.
2.2-802 Judicial dissolution.
2.2-803 Winding up.
2.2-804 Power of general partner and person dissociated as general partner to bind partnership after dissolution.
2.2-805 Liability after dissolution of general partner and person dissociated as general partner to limited partnership, other general partners, and persons dissociated as general partner.
2.2-806 Known claims against dissolved limited partnership.
2.2-807 Other claims against dissolved limited partnership.
2.2-808 Liability of general partner and person dissociated as general partner when claim against limited partnership barred.
2.2-809 Repealed, 2011.
2.2-810 Repealed, 2011.
2.2-811 Repealed, 2011.
2.2-812 Disposition of assets -- When contributions required.

Foreign Limited Partnerships

2.2-901 Governing law.
2.2-902 Repealed, 2011.
2.2-903 Repealed, 2011.
2.2-904 Repealed, 2011.
2.2-905 Repealed, 2011.
2.2-906 Repealed, 2011.
2.2-907 Repealed, 2011.
2.2-908 Repealed, 2011.
2.2-909 Repealed, 2011.
2.2-910 Action by Attorney General.

Actions by Partners

2.2-931 Direct actions by partner.
2.2-932 Derivative action.
2.2-933 Proper plaintiff.
2.2-934 Pleading.
2.2-935 Proceeds and expenses.

Conversion and Merger

2.2-951 Definitions for KRS 362.2-951 to 362.2-963.
2.2-952 Conversion.
2.2-953 Action on plan of conversion by converting limited partnership.
2.2-954 Filings required for conversion -- Effective date.
2.2-955 Effect of conversion.
2.2-956 Merger.
2.2-957 Action on plan of merger by constituent limited partnership.
2.2-958 Filings required for merger -- Effective date.
2.2-959 Effect of merger.
2.2-960 Restrictions on approval of conversions and mergers and on relinquishing LLLP status.
2.2-961 Liability of general partner after conversion or merger.
2.2-962 Power of general partners and persons dissociated as general partners to bind organization after conversion or merger.
2.2-963 Article not exclusive.

Miscellaneous Provisions

2.2-971 Uniformity of application and construction.
2.2-972 Severability clause.
2.2-973 Electronic signatures.
2.2-974 Effect on limited partnerships formed prior to July 15, 1988.
2.2-975 Effective date.
2.2-976 Savings clause.
2.2-977 Short title for Subchapter 2 of KRS Chapter 362.

Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

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2013 Kentucky Revised StatutesCHAPTER 362 - PARTNERSHIPSSubchapter 2 - Kentucky Uniform Limited Partnership Act (2006)

2013 Kentucky Revised Statutes
CHAPTER 362 - PARTNERSHIPS
Subchapter 2 - Kentucky Uniform Limited Partnership Act (2006)