Tennessee § 61-3-401 - Becoming general partner.
Full text of Tennessee Tennessee Code Annotated § 61-3-401 — Becoming general partner., with citation guidance and answers to common questions.
§ 61-3-401. Becoming general partner.
Upon formation of a limited partnership, a person becomes a general partner as agreed among the persons that are to be the initial partners. After formation of a limited partnership, a person becomes a general partner: As provided in the partnership agreement; As the result of a transaction effective under part 11 of this chapter; With the affirmative vote or consent of all the partners; or As provided in § 61-3-801(a)(3)(B). A person may become a general partner without: Acquiring a transferable interest; or Making or being obligated to make a contribution to the partnership. Acts 2017, ch. 440, § 1.
Frequently Asked Questions About Tennessee § 61-3-401
What does Tennessee Code Annotated § 61-3-401 cover?
Section 61-3-401 ("Becoming general partner.") 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 § 61-3-401?
A common citation format is "Tennessee Code Annotated § 61-3-401" (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 § 61-3-401 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.