§ 59-305 – Information.
59-305. Information. Each limited partner has the right to: (1) Inspect and copy any of the partnership records required to be maintained by G.S. 59-106; and (2) Obtain from the general partners from time to time upon reasonable demand (i) true and full information regarding the state of the business and financial condition of the […]
§ 59-401 – Admission of additional general partners.
59-401. Admission of additional general partners. Unless otherwise provided in the partnership agreement, after the filing of a limited partnership’s original certificate of limited partnership, additional general partners may be admitted only with the specific written consent of each partner. (1985 (Reg. Sess., 1986), c. 989, s. 2.)
§ 59-402 – Events of withdrawal.
59-402. Events of withdrawal. Except as approved by the specific written consent of all partners at the time, a person ceases to be a general partner of a limited partnership upon the happening of any of the following events: (1) The general partner withdraws from the limited partnership as provided in G.S. 59-602; (2) The […]
§ 59-403 – General powers and liabilities.
59-403. General powers and liabilities. (a) Except as provided in this Article or in the partnership agreement, a general partner of a limited partnership has the rights and powers and is subject to the restrictions and liabilities of a partner in a partnership without limited partners. (b) Except as provided in this Article, a general […]
§ 59-203 – Cancellation of certificate.
59-203. Cancellation of certificate. A certificate of limited partnership shall be cancelled upon the dissolution and the commencement of winding up of the partnership or at any other time that there are no limited partners. A certificate of cancellation shall be filed in the office of the Secretary of State and set forth: (1) The […]
§ 59-204 – Execution of documents.
59-204. Execution of documents. (a) Each certificate required by this Article to be filed in the office of the Secretary of State shall be executed in the following manner: (1) An original certificate of limited partnership must be signed by all general partners; (2) A certificate of amendment must be signed by at least one […]
§ 59-102 – Definitions.
59-102. Definitions. As used in this Article, unless the context otherwise requires: (1) "Business" means any lawful trade, investment, or other purpose or activity, whether or not the trade, investment, purpose, or activity is carried on for profit. (1a) "Business entity" means a domestic corporation (including a professional corporation as defined in G.S. 55B-2), a […]
§ 59-103 – Name.
59-103. Name. The name of the limited partnership must meet any requirements of Article 3 of Chapter 55D of the General Statutes. (1985 (Reg. Sess., 1986), c. 989, s. 2; 1987, c. 531, s. 1; 1995, c. 539, s. 34; 2001-358, s. 32; 2001-387, ss. 122, 155, 172, 173, 175(a); 2001-413, s. 6.)
§ 59-105 – Registered office and registered agent.
59-105. Registered office and registered agent. (a) Each limited partnership must maintain a registered office and registered agent as required by Article 4 of Chapter 55D of the General Statutes and is subject to service on the Secretary of State under that Article. (b) Limited partnerships formed prior to October 1, 1986, shall file a […]
§ 59-106 – Records to be kept.
59-106. Records to be kept. (a) Each limited partnership shall keep in this State at an office in this State: (1) A current list of the full name and last known mailing address of each partner set forth in alphabetical order; (2) A copy of the certificate of limited partnership and all certificates of amendment […]