Becoming general partner.
D.C. Code § 29-704.01
in effect29-704.01. Becoming general partner.
(a)
A person becomes a general partner:
(1)
Upon formation of a limited partnership, as agreed among the persons that are to be the initial partners; and
(2)
After formation:
(A)
As provided in the partnership agreement;
(B)
Under § 29-708.01(3)(B) following the dissociation of a limited partnership’s last general partner;
(C)
As the result of a merger under subchapter X of this chapter or a transaction under Chapter 2 of this title; or
(D)
With the consent of all the partners.
(3)
As the result of a merger under subchapter X of this chapter or a transaction under Chapter 2 of this title; or
(4)
With the consent of all the partners.
(b)
A person may become a general partner without:
(1)
Acquiring a transferable interest; or
(2)
Making or being obligated to make a contribution to the partnership.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(g)(4)(A), 59 DCR 13171.)
Source: Council of the District of Columbia (code.dccouncil.gov)URL: https://code.dccouncil.gov/us/dc/council/code/sections/29-704.01Fetched: 10/21/2026
