Iowa Statutes
§ 486A.903 — Conversion of limited partnership to partnership
Iowa § 486A.903
This text of Iowa § 486A.903 (Conversion of limited partnership to partnership) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Iowa Code § 486A.903 (2026).
Text
1.A limited partnership may be converted to a partnership pursuant to this section.
2.Notwithstanding a provision to the contrary in a limited partnership agreement, the
terms and conditions of a conversion of a limited partnership to a partnership must be
approved by all of the partners.
3.After the conversion is approved by the partners, the limited partnership shall cancel
its certificate of limited partnership.
4.The conversion takes effect when the certificate of limited partnership is canceled.
5.A limited partner who becomes a general partner as a result of the conversion remains
liable only as a limited partner for an obligation incurred by the limited partnership before
21 UNIFORM PARTNERSHIP ACT, §486A.906
the conversion takes effect. Except as otherwise provided in section
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Nearby Sections
15
§ 486A.1001
Statement of qualification§ 486A.1002
Name§ 486A.101
Definitions§ 486A.102
Knowledge and notice§ 486A.104
Supplemental principles of law§ 486A.106
Governing law§ 486A.1102
Statement of foreign qualification§ 486A.1103
Effect of failure to qualify§ 486A.1105
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Bluebook (online)
Iowa § 486A.903, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/486A.903.