South Dakota Codified Laws 48-7-302. Voting
Current as of: 2023 | Check for updates
|
Other versions
Subject to § 48-7-303, the partnership agreement may grant to all or a specified group of the limited partners the right to vote, on a per capita or other basis, upon any matter.
Terms Used In South Dakota Codified Laws 48-7-302
- 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.
Source: SL 1986, ch 391, § 302.