Becoming general partner

Tenn. Code Ann. § 61-3-401, under General Partners.

Tenn. Code Ann. § 61-3-401

(a) Upon formation of a limited partnership, a person becomes a general partner as agreed among the persons that are to be the initial partners.

(b) After formation of a limited partnership, a person becomes a general partner:(1) As provided in the partnership agreement;(2) As the result of a transaction effective under part 11 of this chapter;(3) With the affirmative vote or consent of all the partners; or(4) As provided in § 61-3-801(a)(3)(B).

(1) As provided in the partnership agreement;

(2) As the result of a transaction effective under part 11 of this chapter;

(3) With the affirmative vote or consent of all the partners; or

(4) As provided in § 61-3-801(a)(3)(B).

(c) A person may become a general partner without:(1) Acquiring a transferable interest; or(2) Making or being obligated to make a contribution to the partnership.

(1) Acquiring a transferable interest; or

(2) Making or being obligated to make a contribution to the partnership.