Minnesota § 322.24 WHEN CERTIFICATE SHALL BE CANCELED OR AMENDED

Minnesota Statutes

§ 322.24 — WHEN CERTIFICATE SHALL BE CANCELED OR AMENDED

Minnesota § 322.24

PartBUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS

Ch. 3221919 UNIFORM LIMITED PARTNERSHIP ACT

This text of Minnesota § 322.24 (WHEN CERTIFICATE SHALL BE CANCELED OR AMENDED) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 322.24 (2026).

Text

The certificate shall be canceled when the partnership is dissolved or all limited partners cease to be such. A certificate shall be amended when:

(1)there is a change in the name of the partnership or in the amount or character of the contribution of any limited partner;

(2)a person is substituted as a limited partner;

(3)an additional limited partner is admitted;

(4)a person is admitted as a general partner;

(5)a general partner retires, dies, or is adjudicated as a person who lacks mental capacity, and the business is continued under section322.20;

(6)there is a change in the character of the business of the partnership;

(7)there is a false or erroneous statement in the certificate;

(8)there is a change in the time as stated in the certificate for the dissolution of the partners

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The certificate shall be canceled when the partnership is dissolved or all limited partners cease to be such.
A certificate shall be amended when:
(1) there is a change in the name of the partnership or in the amount or character of the contribution of any limited partner;
(2) a person is substituted as a limited partner;
(3) an additional limited partner is admitted;
(4) a person is admitted as a general partner;
(5) a general partner retires, dies, or is adjudicated as a person who lacks mental capacity, and the business is continued under section322.20;
(6) there is a change in the character of the business of the partnership;
(7) there is a false or erroneous statement in the certificate;
(8) there is a change in the time as stated in the certificate for the dissolution of the partnership or for the return of the contribution;
(9) a time is fixed for the dissolution of the partnership, or the return of a contribution, no time having been specified in the certificate; or
(10) the members desire to make a change in any other statement in the certificate in order that it shall accurately represent the agreement between them.