Becoming general partner

805 ILCS 215/401, under General Partners.

805 ILCS 215/401

(805 ILCS 215/401)

    Sec. 401. Becoming general partner. A person becomes a general partner:         (1) as provided in the partnership agreement;         (2) under Section 801(3)(B) following the     dissociation of a limited partnership's last general partner;        (3) as the result of a conversion or merger under     Article 11; or        (4) with the consent of all the partners.

(Source: P.A. 93-967, eff. 1-1-05.)