Tennessee Code 61-2-401 – Additional partners
Current as of: 2023 | Check for updates
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Terms Used In Tennessee Code 61-2-401
- Certificate of limited partnership: means the certificate referred to in §. See Tennessee Code 61-2-101
- 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.
- Partnership agreement: means any agreement, written or oral, of the partners as to the affairs of a limited partnership and the conduct of its business. See Tennessee Code 61-2-101
After the filing of a limited partnership‘s initial certificate of limited partnership, unless otherwise provided in the partnership agreement, additional general partners may be admitted only with the approval of all partners.