(805 ILCS 215/401)
Sec. 401. Becoming general partner. A person becomes a general partner: (1) as provided in the partnership agreement; (2) under Section 801(3)(B) following the dissociation of a limited partnership's last | ||
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(3) as the result of a conversion or merger under Article 11; or (4) with the consent of all the partners.
(Source: P.A. 93-967, eff. 1-1-05.) |