2021 Kentucky Revised Statutes
Chapter 362 - Partnerships
Subchapter 362.2 - Kentucky Uniform Limited Partnership Act (2006)
362.2-104 Nature, purpose, and duration of entity.


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362.2-104 Nature, purpose, and duration of entity. (1) (2) (3) 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. A limited partnership may be organized under this subchapter for any lawful purpose except for rendering a professional service. A limited partnership has a perpetual duration. Effective: July 12, 2006 History: Created 2006 Ky. Acts ch. 149, sec. 83, effective July 12, 2006.
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