US Lawyer Database

§ 61-3-1204. Severability Clause

If any provision of this chapter or its application to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of this chapter that can be given effect without the invalid provision or application, and to that end the provisions of this chapter are severable.

§ 61-3-1205. Fees

The secretary of state shall collect the following fees when the documents described in this subsection (a) are delivered to the secretary of state for filing: Annual report for secretary of state — $20.00; Application for use of indistinguishable name — $20.00; Application for reservation of limited partnership name — $20.00; Notice of transfer of […]

§ 61-3-1206. Short Title

This chapter shall be known and may be cited as the “Tennessee Uniform Limited Partnership Act of 2017.”

§ 61-3-1207. Applicability — Savings Clause

This chapter applies to: Every domestic limited partnership formed on or after January 1, 2018; Any domestic limited partnership that was formed prior to January 1, 2018, and that has elected to be governed by this chapter pursuant to subsection (b); and The outstanding and future interests in the respective domestic limited partnerships described in […]

§ 61-3-1201. Uniformity of Application and Construction

In applying and construing this chapter, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it. The rule that statutes in derogation of the common law are to be strictly construed does not apply to this chapter.

§ 61-3-1203. Savings Clause

This chapter does not affect an action commenced, proceeding brought, or right accrued before January 1, 2018.