Tennessee § 61-3-109 - Nature, purpose, and duration of limited partnership.
Full text of Tennessee Tennessee Code Annotated § 61-3-109 — Nature, purpose, and duration of limited partnership., with citation guidance and answers to common questions.
§ 61-3-109. Nature, purpose, and duration of limited partnership.
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. A limited partnership may have any lawful purpose, regardless of whether for profit. A limited partnership has perpetual duration. Acts 2017, ch. 440, § 1.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 61-3-109
What does Tennessee Code Annotated § 61-3-109 cover?
Section 61-3-109 ("Nature, purpose, and duration of limited partnership.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. 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 Tennessee § 61-3-109?
A common citation format is "Tennessee Code Annotated § 61-3-109" (Tennessee). 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 Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 61-3-109 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee 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 Tennessee.