Partnership agreement -- Effect on limited partnership and person becoming partner -- Preformation agreement.

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  • (1) A limited partnership is bound by and may enforce the partnership agreement, whether or not the limited partnership has itself manifested assent to the partnership agreement.
  • (2) A person that becomes a partner of a limited partnership is deemed to assent to the partnership agreement.
  • (3) Two or more persons intending to become the initial partners of a limited partnership may make an agreement providing that upon the formation of the limited partnership the agreement will become the limited partnership agreement.




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