New Jersey Statutes 42:2A-4. Existing limited partnerships brought under this chapter
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Terms Used In New Jersey Statutes 42:2A-4
- 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.
- State: means a state, territory, or possession of the United States, the District of Columbia, or the Commonwealth of Puerto Rico. See New Jersey Statutes 42:2A-5
- Statute: A law passed by a legislature.
Existing limited partnerships brought under this chapter.
A limited partnership formed under any statute of this State prior to the effective date of this chapter shall be governed by the provisions of this chapter, except that the partnership shall be deemed to be formed on the date set by the provisions of the statute under which it was formed, the name of the limited partnership need not be amended to comply with section 6 of P.L. 1983, c. 489 (C. 42:2A-6), and the certificate need not be amended to comply with section 13 of P.L. 1983, c. 489 (C. 42:2A-14).
L. 1983, c. 489, s. 4; amended 1984, c.245,s.3; 1988,c.130,s.1.