Illinois Statutes
§ 901 — Definitions
Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 805 BUSINESS ORGANIZATIONS·Act 805 ILCS 206/ Uniform Partnership Act (1997).·Art. Article 9 - Conversions And Mergers
In this Article:
(1)"General partner" means a partner in a partnership and a general partner in a limited partnership.
(2)"Limited partner" means a limited partner in a limited partnership.
(3)"Limited partnership" means a limited partnership created under the Uniform Limited Partnership Act (2001), predecessor law, or comparable law of another jurisdiction.
(4)"Partner" includes both a general partner and a limited partner.
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Legislative History
(Source: P.A. 92-740, eff. 1-1-03; 93-967, eff. 1-1-05.)