Construction and application.

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(1) This article shall be so applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this article among states enacting it.

  1. This article shall not be construed so as to impair the obligations of any contractexisting on November 1, 1981, nor to affect any action or proceeding begun or right accrued before such date.

  2. No amendment of this article shall impair or otherwise affect the organization, registration, or continued existence of a limited partnership existing on July 1, 1986, nor shall any such amendment be construed or applied so as to impair any contract or affect any right accrued prior to July 1, 1986.

Source: L. 81: Entire article added, p. 451, § 1, effective November 1. L. 86: (3) added, p. 458, § 36, effective July 1.


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