Tennessee Statutes
§ 61-3-109 — Nature, purpose, and duration of limited partnership
Tennessee § 61-3-109
JurisdictionTennessee
Title61
This text of Tennessee § 61-3-109 (Nature, purpose, and duration of limited partnership) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tenn. Code Ann. § 61-3-109 (2026).
Text
(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, regardless of whether for profit.
(c)A limited partnership has perpetual duration.
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Legislative History
Added by 2017 Tenn. Acts, ch. 440,s 1, eff. 1/1/2018.
Nearby Sections
15
§ 61-1-1002
Registered office - Registered agent§ 61-1-1003
Name§ 61-1-1006
Certificate of existence§ 61-1-101
Chapter definitions§ 61-1-102
Knowledge and notice§ 61-1-104
Supplemental principles of law§ 61-1-106
Governing law§ 61-1-1201
Uniformity of application and construction§ 61-1-1202
Short titleCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 61-3-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/61-3-109.