Section 29-704.01 - Becoming general partner(a) A person becomes a general partner:(1) Upon formation of a limited partnership, as agreed among the persons that are to be the initial partners; and(2) After formation:(A) As provided in the partnership agreement;(B) Under § 29-708.01(3)(B) following the dissociation of a limited partnership's last general partner;(C) As the result of a merger under subchapter X of this chapter or a transaction under Chapter 2 of this title; or(D) With the consent of all the partners.(3) As the result of a merger under subchapter X of this chapter or a transaction under Chapter 2 of this title; or(4) With the consent of all the partners.(b) 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.July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(g)(4)(A), 59 DCR 13171.Uniform Law: This section is based on § ,401 of the Uniform Limited Partnership Act (2001 Act).
Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.