Hawaii Revised Statutes 425E-401 – General partner

A person becomes a general partner:

(1) As provided in the partnership agreement;

General partner: means :
(1) With respect to a limited partnership, a person that:
(A) Becomes a general partner under § 425E-401; or
(B) Was a general partner in a limited partnership when the limited partnership became subject to this chapter under section 425E-1204(a) or (b); and
(2) With respect to a foreign limited partnership, a person that has rights, powers, and obligations similar to those of a general partner in a limited partnership. See Hawaii Revised Statutes 425E-102
Partner: means a limited partner or general partner. See Hawaii Revised Statutes 425E-102
Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Person: includes any individual or entity. See Hawaii Revised Statutes 425E-102

(2) Under section 425E-801(3)(B) following the dissociation of a limited partnership’s last general partner;

(3) As the result of a conversion or merger under article 11; or

(4) With the consent of all the partners.

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