29-301. Definitions In this chapter, unless the context otherwise requires: 1. " Certificate of limited partnership" means the certificate referred to in section 29-308, and the certificate as amended or restated. 2. " Contribution" means any cash, property, services rendered, or promissory note or other binding obligation to contribute cash or property or to perform […]
29-302. Name The name of each limited partnership as set forth in its certificate of limited partnership: 1. Shall contain the words " limited partnership" or the initials " l.p." or " LP" , in upper or lower case; 2. May not contain the name of a limited partner unless: (a) It is also the […]
29-303. Reservation of name A. The exclusive right to the use of a name may be reserved by: 1. Any person intending to organize a limited partnership under this act and to adopt that name; 2. Any domestic limited partnership or any foreign limited partnership registered in this state which, in either case, intends to […]
29-304. Specified office and agent A. Each limited partnership shall continuously maintain in this state: 1. An office, which may but need not be a place of its business in this state, at which shall be kept the records required by section 29-305 to be maintained; and 2. An agent for service of process on […]
29-305. Records to be kept A. Each limited partnership shall keep at the office referred to in section 29-304, paragraph 1 the following: 1. A current list of the full name and last known business address of each partner separately identifying the general partners in alphabetical order and the limited partners in alphabetical order; 2. […]
29-306. Nature of business A limited partnership may carry on any business that a partnership without limited partners may carry on except banking and insurance.
29-307. Business transactions of partner with partnership Except as provided in the partnership agreement, a partner may lend money to and transact other business with the limited partnership and, subject to other applicable law, has the same rights and obligations with respect thereto as a person who is not a partner.
