Minnesota § 321.0104 - NATURE, PURPOSE, AND DURATION OF ENTITY

Full text of Minnesota Minnesota Statutes § 321.0104 — NATURE, PURPOSE, AND DURATION OF ENTITY, with citation guidance and answers to common questions.

§ 321.0104. 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

Official Publication of the State of Minnesota
Revisor of Statutes

Source: official Minnesota text · Last verified 2026-08-27

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Frequently Asked Questions About Minnesota § 321.0104

What does Minnesota Statutes § 321.0104 cover?

Section 321.0104 ("NATURE, PURPOSE, AND DURATION OF ENTITY") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Minnesota § 321.0104?

A common citation format is "Minnesota Statutes § 321.0104" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Minnesota law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.

How does Minnesota § 321.0104 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.