Idaho § 30-23-402 BECOMING PARTNER

Idaho Statutes

§ 30-23-402 — BECOMING PARTNER

Idaho·Title 30 CORPORATIONS·Part 4 RELATIONS OF PARTNERS TO EACH OTHER AND TO PARTNERSHIP·Ch. 23 GENERAL PARTNERSHIPS

(a)Upon formation of a partnership, a person becomes a partner under section 30-23-202 (a), Idaho Code.

(b)After formation of a partnership, a person becomes a partner:

(1)As provided in the partnership agreement;

(2)As a result of a transaction effective under chapter 22, title 30, Idaho Code; or

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

(c)A person may become a partner without:

(1)Acquiring a transferable interest; or

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

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(a) Upon formation of a partnership, a person becomes a partner under section 30-23-202 (a), Idaho Code.
(b) After formation of a partnership, a person becomes a partner:
(1) As provided in the partnership agreement;
(2) As a result of a transaction effective under chapter 22, title 30, Idaho Code; or
(3) With the affirmative vote or consent of all the partners.
(c) A person may become a partner without:
(1) Acquiring a transferable interest; or
(2) Making or being obligated to make a contribution to the partnership.

Idaho § 30-23-402 (BECOMING PARTNER) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.