Senate Bill 2310

AN ACT TO CREATE THE MISSISSIPPI UNIFORM LIMITED PARTNERSHIP ACT; TO ENACT DEFINITIONS AND OTHER GENERAL PROVISIONS; TO SPECIFY THE GOVERNING LAW AND SCOPE OF A LIMITED PARTNERSHIP AGREEMENT; TO PROVIDE A DEFAULT DURATION FOR A LIMITED PARTNERSHIP; TO CREATE TRANSITION PROVISIONS; TO SPECIFY PERMITTED NAMES AND RESERVATION OF NAMES; TO PROVIDE FOR THE FORMATION AND CERTIFICATION OF LIMITED PARTNERSHIPS AND LIMITED LIABILITY LIMITED PARTNERSHIPS; TO PROVIDE FOR OTHER FILINGS INCLUDING AMENDMENTS OR RESTATEMENT OF THE CERTIFICATE; TO ASSIGN LIABILITY FOR INACCURATE INFORMATION IN FILINGS; TO SPECIFY LIMITED PARTNERS' RIGHTS AND OBLIGATIONS; TO PROVIDE FOR GENERAL PARTNERS OF A LIMITED PARTNERSHIP; TO SPECIFY THE RIGHTS AND OBLIGATIONS OF A GENERAL PARTNER; TO SPECIFY THE FORM OF CONTRIBUTIONS AND LIABILITY THEREFOR; TO CREATE A RIGHT OF DISTRIBUTION BEFORE DISSOLUTION AND LIMITATION ON AND LIABILITY FOR DISTRIBUTIONS; TO PROVIDE FOR DISSOCIATION; TO SPECIFY THE NATURE OF TRANSFERABLE INTERESTS AND THE RIGHTS OF TRANSFEREES AND CREDITORS; TO PROVIDE FOR DISSOLUTION AND WINDING UP OF A LIMITED PARTNERSHIP; TO ALLOW REINSTATEMENT AFTER ADMINISTRATIVE DISSOLUTION; TO PROVIDE FOR ACTIONS BY PARTNERS; TO MAKE PROVISION CONCERNING FOREIGN LIMITED PARTNERSHIPS; TO PROVIDE FOR MERGER AND ALLOW FOR MERGER UNDER OTHER LAW; TO REENACT THE TEXT OF THE FEES FORMERLY SET FORTH AT SECTION 79-14-1104; TO AMEND SECTIONS 79-13-901, 79-13-1005, 79-13-1106, 79-13-1107 AND 79-35-19, MISSISSIPPI CODE OF 1972, TO CONFORM REFERENCES; TO REPEAL SECTIONS 79-14-101 THROUGH 79-14-1107, MISSISSIPPI CODE OF 1972, WHICH COMPRISE THE MISSISSIPPI LIMITED PARTNERSHIP ACT; AND FOR RELATED PURPOSES.

In the Senate

• Sean J. Tindell

  Sponsor

l9n doesn't hold this bill's text yet.

In the Senate Jan 19 – Feb 4

1. Jan 19Referred to the Senate committee on Judiciary, Division A
2. Feb 3Reported from committee in the Senate: title sufficient, do pass as a committee substitute
3. Feb 4Committee substitute adopted in the Senate
4. Passed the Senate

In the House of Representatives Feb 5 – Mar 4

1. Feb 5Sent to the House
2. Feb 26Referred to the House committee on Judiciary A
3. Mar 3Reported from committee in the House: title sufficient, do pass
4. Mar 4Passed the House

To the Governor Mar 5 – Apr 20

1. Mar 5Returned to the Senate for enrolling
2. Apr 6Enrolled bill signed in the Senate
3. Enrolled bill signed in the House
4. Apr 20Approved by the Governor