Minnesota Legislature
Office of the Revisor of Statutes
2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
322.30 PROVISIONS FOR EXISTING LIMITED PARTNERSHIPS.
A limited partnership formed under any statute of this state prior to the adoption of this
chapter may become a limited partnership under this chapter by complying with the provisions of
section 322.02; provided the certificate sets forth
(1) The amount of the original contribution of each limited partner, and the time when the
contribution was made, and
(2) That the property of the partnership exceeds the amount sufficient to discharge its
liabilities to persons not claiming as general or limited partners by an amount greater than the
sum of the contributions of its limited partners.
A limited partnership formed under any statute of this state prior to the adoption of this
chapter, until or unless it becomes a limited partnership under this chapter, shall continue to be
governed by the provisions of General Statutes 1913, chapter 57, except that such partnership
shall not be renewed unless so provided in the original agreement.
History: (7382) 1919 c 498 s 30
A limited partnership formed under any statute of this state prior to the adoption of this
chapter may become a limited partnership under this chapter by complying with the provisions of
section 322.02; provided the certificate sets forth
(1) The amount of the original contribution of each limited partner, and the time when the
contribution was made, and
(2) That the property of the partnership exceeds the amount sufficient to discharge its
liabilities to persons not claiming as general or limited partners by an amount greater than the
sum of the contributions of its limited partners.
A limited partnership formed under any statute of this state prior to the adoption of this
chapter, until or unless it becomes a limited partnership under this chapter, shall continue to be
governed by the provisions of General Statutes 1913, chapter 57, except that such partnership
shall not be renewed unless so provided in the original agreement.
History: (7382) 1919 c 498 s 30
Official Publication of the State of Minnesota
Revisor of Statutes