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Kentucky Revised Statutes · § 362.2-104 — Nature, purpose, and duration of entity

362.2-104. Nature, purpose, and duration of entity

(1) 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.

(2) A limited partnership may be organized under this subchapter for any lawful purpose except for rendering a professional service.

(3) A limited partnership has a perpetual duration.

Source notes

Effective: July 12, 2006

History and annotations

Created 2006 Ky. Acts ch. 149, sec. 83, effective July 12, 2006.

Official source for this version

Source captured 2026-09-25. Open the official source.

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