Partnership agreement; effect on limited partnership and person becoming partner; preformation agreement

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A limited partnership is bound by and may enforce the partnership agreement, whether or not the partnership has itself manifested assent to the agreement.

A person that becomes a partner is deemed to assent to the partnership agreement.

Two (2) or more persons intending to become the initial partners of a limited partnership may make an agreement providing that upon the formation of the partnership the agreement will become the partnership agreement.


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