42:2A-26 - Voting - New-jersey Statutes

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Statutes > New-jersey > Title-42 > Section-42-2a > 42-2a-26

42:2A-26.    Voting
     Voting. a. Subject to section 26 of P.L. 1983, c. 489 (C. 42:2A-27) the partnership agreement may grant to all or a specified group of the limited partners the right to vote, on a per capita or other basis, upon such matters as set forth in the partnership agreement.

    b.   This section shall not be construed so as to limit the right of a limited partner to vote on, or consent to, a specific partnership matter or action if this chapter gives the limited partner this right and does not expressly permit this right to be restricted by a contrary provision in the partnership agreement.

    L. 1983, c. 489, s. 25; amended 1988,c.130,s.13.

State Codes and Statutes

Statutes > New-jersey > Title-42 > Section-42-2a > 42-2a-26

42:2A-26.    Voting
     Voting. a. Subject to section 26 of P.L. 1983, c. 489 (C. 42:2A-27) the partnership agreement may grant to all or a specified group of the limited partners the right to vote, on a per capita or other basis, upon such matters as set forth in the partnership agreement.

    b.   This section shall not be construed so as to limit the right of a limited partner to vote on, or consent to, a specific partnership matter or action if this chapter gives the limited partner this right and does not expressly permit this right to be restricted by a contrary provision in the partnership agreement.

    L. 1983, c. 489, s. 25; amended 1988,c.130,s.13.

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State Codes and Statutes

Statutes > New-jersey > Title-42 > Section-42-2a > 42-2a-26

42:2A-26.    Voting
     Voting. a. Subject to section 26 of P.L. 1983, c. 489 (C. 42:2A-27) the partnership agreement may grant to all or a specified group of the limited partners the right to vote, on a per capita or other basis, upon such matters as set forth in the partnership agreement.

    b.   This section shall not be construed so as to limit the right of a limited partner to vote on, or consent to, a specific partnership matter or action if this chapter gives the limited partner this right and does not expressly permit this right to be restricted by a contrary provision in the partnership agreement.

    L. 1983, c. 489, s. 25; amended 1988,c.130,s.13.