Sec. 0.2. The repeal of IC 23-4-2 by P.L.147-1988 does not impair:

(1) or otherwise affect the organization or the continued existence of a limited partnership existing before July 1, 1988; or

Terms Used In Indiana Code 23-16-2-0.2

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
(2) any contract or affect any right accrued before July 1, 1988.

As added by P.L.220-2011, SEC.382.