A person becomes a limited partner:

Terms Used In North Dakota Code 45-10.2-31

  • Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49

1.    As provided in the partnership agreement; 2.    As the result of a conversion or merger under sections 45-10.2-94 through 45-10.2-106; or

3.    With the consent of all of the partners.