In this chapter, unless the context otherwise requires:
1. "Certificate of limited partnership" means the certificate referred to in section 29-308, and the certificate as amended or restated.
2. "Contribution" means any cash, property, services rendered, or promissory note or other binding obligation to contribute cash or property or to perform services, which a partner contributes to a limited partnership in his capacity as a partner.
3. "Event of withdrawal of a general partner" means an event that causes a person to cease to be a general partner as provided in section 29-323.
4. "Foreign limited partnership" means a partnership formed under the laws of any state or other jurisdiction other than this state and having as partners one or more general partners and one or more limited partners.
5. "General partner" means a person who has been admitted to a limited partnership as a general partner in accordance with the partnership agreement and named in the certificate of limited partnership as a general partner.
6. "Limited partner" means a person who has been admitted to a limited partnership as a limited partner in accordance with the partnership agreement.
7. "Limited partnership" and "domestic limited partnership" means a partnership formed by two or more persons under the laws of this state and having one or more general partners and one or more limited partners.
8. "Partner" means a limited or general partner.
9. "Partnership agreement" means any valid agreement, written or oral, of the partners as to the affairs of a limited partnership and the conduct of its business.
10. "Partnership interest" means a partner's share of the profits and losses of a limited partnership and the right to receive distributions of partnership assets.
11. "Person" means a natural person, partnership, domestic or foreign limited partnership, trust, estate, association, corporation or entity.
12. "State" means a state, territory or possession of the United States, the District of Columbia or the Commonwealth of Puerto Rico.
Notes of Decisions
W. Coal & Mining Co. v. Hilvert, 160 P.2d 331 (Ariz. 1945).
· cites it 4× “It is tbe position of appellee (1) that the statute referring to absences from tbe state (§ 29-301) applies only where tbe cause of action accrues within the state; (2) that successive absences from tbe state may not be aggregated or tacked together; and (3) that if the…”
Retzke v. Larson, 803 P.2d 439 (Ariz. Ct. App. 1990).
· cites it 2× “In 1982, the Arizona Legislature enacted the revised Uniform Limited Partnership Act, A.R.S. § 29-301 et seq., which repealed the former Uniform Limited Partnership Act.”
Matter of Goldman, 602 P.2d 486 (Ariz. 1979).
· cites it 2× “By A.R.S. § 29-301, a limited partnership is defined as a partnership formed by two or more persons having as members one or more general partners and one or more limited partners.”
Kitchell Corp. v. Hermansen, 446 P.2d 934 (Ariz. Ct. App. 1968).
· cites it 2× “There are, however, no such provisions in the Uniform Limited Partnership Act, A.R.S. § 29-301 to 329. There is a provision which states that: “In any case not provided for in this .”
Graybar Elec. Co. v. Lowe, 462 P.2d 413 (Ariz. Ct. App. 1969).
· cites it 2× “” The Uniform Limited Partnership Act, adopted by the Arizona legislature, A.R.S. § 29-301, et seq., does not state the method of renunciation or the form-the renunciation must take.”
Sertich v. Moorman, 767 P.2d 34 (Ariz. Ct. App. 1988).
· cites it 9× “and the Uniform Limited Partnership Act, A.R.S. § 29-301, et seq. In Wood , this court reversed a trial court decision dismissing a tort action by a general partner against a limited partner.”
Monroe v. Wood, 724 P.2d 38 (Ariz. Ct. App. 1985).
“That section then and now provides: “When a person against whom there is a cause of action is without the state at the time the cause of action accrues or at any time during which the action might have been maintained, such action may be brought against the person after his…”
— Ariz. Rev. Stat. § 29-301(10) — 1 case
Sertich v. Moorman, 767 P.2d 34 (Ariz. Ct. App. 1988).
“and the Uniform Limited Partnership Act, A.R.S. § 29-301, et seq. In Wood , this court reversed a trial court decision dismissing a tort action by a general partner against a limited partner.”
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