Idaho Statutes

§ 30-24-110 — NATURE, PURPOSE AND DURATION OF LIMITED PARTNERSHIP

Idaho·Title 30 CORPORATIONS·Part 1 GENERAL PROVISIONS·Ch. 24 LIMITED PARTNERSHIPS
(a)A limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether its certificate states that the limited partnership is a limited liability limited partnership.
(b)A limited partnership may have any lawful purpose.
(c)A limited partnership has perpetual duration.

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Legislative History

[30-24-110, added 2015, ch. 243, sec. 33, p. 843.]

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