Becoming limited partner.

Miss. Code Ann. § 79-14-301
in effect
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Upon formation of a limited partnership, a person becomes a limited partner as agreed among the persons that are to be the initial partners. After formation, a person becomes a limited partner: As provided in the partnership agreement; As the result of a transaction effective under Article 11; With the affirmative vote or consent of all the partners; or As provided in Section 79-14-801(a)(4) or (a)(5). A person may become a limited partner without: Acquiring a transferable interest; or Making or being obligated to make a contribution to the limited partnership.
Source: Public.Resource.Org MS CodeURL: https://unicourt.github.io/cic-code-ms/transforms/ms/ocms/r78/gov.ms.code.title.79.htmlFetched: 10/18/2026

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