§ 56-1a01 Title of act
§ 56-1a,101 Definitions
§ 56-1a,106 Nature of business
§ 56-1a,107 Business transactions of partner with the partnership
§ 56-1a,151 Certificate of limited partnership
§ 56-1a,152 Amendment to certificate of limited partnership by certificate of amendment or judicial decree
§ 56-1a,153 Cancellation of certificate
§ 56-1a,157 Liability for false statement in certificate
§ 56-1a,158 Notice of limited partnership
§ 56-1a,159 Delivery of certificate to limited partners
§ 56-1a,160 Restated or amended and restated certificate of limited partnership
§ 56-1a,201 Admission of additional limited partners
§ 56-1a,202 Rights, powers and duties of classes or groups of limited partners provided in partnership agreement; voting rights of limited partners
§ 56-1a,203 Liability of limited partners to third parties
§ 56-1a,204 Person erroneously believing self to be limited partner
§ 56-1a,205 Limited partner’s right to information
§ 56-1a,251 Admission of additional general partners
§ 56-1a,252 Cessation of person as general partner, when
§ 56-1a,253 General partners’ powers and liabilities
§ 56-1a,254 Contributions by general partners
§ 56-1a,255 Rights, powers and duties of classes or groups of general partners provided in partnership agreement; voting rights of general partners
§ 56-1a,301 Form of contribution
§ 56-1a,302 Liability for contributions
§ 56-1a,303 Allocation of profits and losses
§ 56-1a,304 Allocation of distributions of cash or other assets
§ 56-1a,351 Interim distributions
§ 56-1a,352 Withdrawal of general partner
§ 56-1a,353 Withdrawal of limited partner
§ 56-1a,354 Distribution upon withdrawal
§ 56-1a,355 Distribution in kind
§ 56-1a,356 Right to distribution
§ 56-1a,357 Limitations on distributions
§ 56-1a,358 Liability upon return of contribution
§ 56-1a,401 Nature of partnership interest
§ 56-1a,402 Assignment of partnership interest
§ 56-1a,403 Rights of creditors
§ 56-1a,404 Right of assignee to become limited partner
§ 56-1a,405 Power of estate of deceased or incompetent partner
§ 56-1a,451 Dissolution
§ 56-1a,452 Judicial dissolution
§ 56-1a,453 Winding up
§ 56-1a,454 Distribution of assets
§ 56-1a,507 Doing business without registration
§ 56-1a,509 Execution and liability
§ 56-1a,510 Service of process
§ 56-1a,551 Right of action
§ 56-1a,552 Proper plaintiff
§ 56-1a,553 Pleading
§ 56-1a,554 Expenses
§ 56-1a,601 Construction and application
§ 56-1a,602 Severability
§ 56-1a,603 Effective date
§ 56-1a,604 Rules for cases not provided for in this act
§ 56-1a,605 Fees
§ 56-1a,606 Domestic limited partnerships; business entity information report; report fee
§ 56-1a,607 Foreign limited partnerships; business entity information report; report fee
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Terms Used In Kansas Statutes > Chapter 56 > Article 1a - Revised Uniform Limited Partnership Act

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Certificate of limited partnership: means the certificate referred to in Kan. See Kansas Statutes 56-1a,101
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Conservator: means an individual or corporation appointed by the court to act on behalf of a conservatee and possessed of some or all of the powers and duties set out in Kan. See Kansas Statutes 77-201
  • Contract: A legal written agreement that becomes binding when signed.
  • Contribution: means any cash, property, services rendered, or a promissory note or other obligation to contribute cash or property or to perform services, which a partner contributes to a limited partnership in the partner's capacity as a partner. See Kansas Statutes 56-1a,101
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Fiduciary: A trustee, executor, or administrator.
  • Foreign limited partnership: means a partnership formed under the laws of any state or jurisdiction other than the state of Kansas, or under the laws of any foreign country, and having as partners one or more general partners and one or more limited partners. See Kansas Statutes 56-1a,101
  • General partner: means a person who has been admitted to a limited partnership as a general partner in accordance with the partnership agreement and so named in the certificate of limited partnership or similar instrument of the state or foreign country under which the limited partnership is organized if so required. See Kansas Statutes 56-1a,101
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Limited partner: means a person who has been admitted to a limited partnership as a limited partner in accordance with the partnership agreement. See Kansas Statutes 56-1a,101
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partner: means a limited or general partner. See Kansas Statutes 56-1a,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 valid written or oral agreement of the partners as to the affairs of a limited partnership and the conduct of its business. See Kansas Statutes 56-1a,101
  • Partnership interest: means a partner's share of the profits and losses of a limited partnership and the right to receive distributions of partnership assets. See Kansas Statutes 56-1a,101
  • Person: means a natural person, partnership, domestic or foreign limited partnership, trust, estate, association, corporation, custodian, nominee or any other individual or entity in its own or any representative capacity. See Kansas Statutes 56-1a,101
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Property: includes personal and real property. See Kansas Statutes 77-201
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Quorum: The number of legislators that must be present to do business.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Residence: means the place which is adopted by a person as the person's place of habitation and to which, whenever the person is absent, the person has the intention of returning. See Kansas Statutes 77-201
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: means a state, territory, or possession of the United States, the District of Columbia or the Commonwealth of Puerto Rico. See Kansas Statutes 56-1a,101
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.
  • Venue: The geographical location in which a case is tried.