State Codes and Statutes
Statutes > Minnesota > 321-323A > 321 > 321_0104321.0104 NATURE, PURPOSE, AND DURATION OF ENTITY.
(a) A limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether its certificate states that the limited partnership is a limited liability limited partnership.
(b) A limited partnership may be organized under this chapter for any lawful purpose.
(c) A limited partnership has a perpetual duration.
History:
2004 c 199 art 1 s 4
