Information Maintained by the Office of Code Revision Indiana Legislative Services Agency
IC 23-16
    ARTICLE 16. LIMITED PARTNERSHIPS

IC 23-16-1
     Chapter 1. Definitions

IC 23-16-1-1
Applicability of definitions
    
Sec. 1. The definitions in this chapter apply throughout this article.
As added by P.L.147-1988, SEC.1.

IC 23-16-1-2
Certificate of limited partnership
    
Sec. 2. "Certificate of limited partnership" means a certificate described in IC 23-16-3-2 and such a certificate as amended or restated.
As added by P.L.147-1988, SEC.1.

IC 23-16-1-3
Contribution
    
Sec. 3. "Contribution" means any cash, property, services rendered, or a promissory note or other binding obligation to transfer cash or property or to perform services, that a partner transfers to a limited partnership in the capacity of partner.
As added by P.L.147-1988, SEC.1.

IC 23-16-1-4
Effective date
    
Sec. 4. "Effective date" means a date specified in a certificate filed with the secretary of state declaring when the certificate becomes effective.
As added by P.L.147-1988, SEC.1.

IC 23-16-1-5
Event of withdrawal of a general partner
    
Sec. 5. "Event of withdrawal of a general partner" means an event that causes a person to cease to be a general partner as provided in IC 23-16-5-2.
As added by P.L.147-1988, SEC.1.

IC 23-16-1-6
Foreign limited partnership
    
Sec. 6. "Foreign limited partnership" means a partnership formed under the laws of any jurisdiction other than Indiana, including a foreign country or other foreign jurisdiction in which the partnership formed has as partners one (1) or more general partners and one (1) or more limited partners.
As added by P.L.147-1988, SEC.1.


IC 23-16-1-7
General partner
    
Sec. 7. "General partner" means a person who has been admitted to a limited partnership or a foreign limited partnership as a general partner in accordance with the partnership agreement and is named in the certificate of limited partnership or similar instrument under which the limited partnership is organized, if so required.
As added by P.L.147-1988, SEC.1.

IC 23-16-1-8
Limited partner
    
Sec. 8. "Limited partner" means a person who has been admitted to a limited partnership as a limited partner in accordance with the laws of Indiana or, in the case of a foreign limited partnership, in accordance with the laws of the state, foreign country, or other foreign jurisdiction under which the foreign limited partnership is organized.
As added by P.L.147-1988, SEC.1.

IC 23-16-1-9
Limited partnership; domestic limited partnership
    
Sec. 9. "Limited partnership" and "domestic limited partnership" mean a partnership formed by two (2) or more persons under the laws of Indiana that has one (1) or more general partners and one (1) or more limited partners.
As added by P.L.147-1988, SEC.1.

IC 23-16-1-10
Partner
    
Sec. 10. "Partner" means a limited or general partner.
As added by P.L.147-1988, SEC.1.

IC 23-16-1-11
Partnership agreement
    
Sec. 11. "Partnership agreement" means a written agreement of the partners as to the affairs of a limited partnership and the conduct of its business.
As added by P.L.147-1988, SEC.1.

IC 23-16-1-12
Partnership interest
    
Sec. 12. "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.
As added by P.L.147-1988, SEC.1.

IC 23-16-1-13
Person
    
Sec. 13. "Person" means an individual, partnership, limited liability company, domestic limited partnership, foreign limited

partnership, trust, estate, association, corporation, or any other individual or entity whether acting in its own capacity or in any representative capacity.
As added by P.L.147-1988, SEC.1. Amended by P.L.8-1993, SEC.330.

IC 23-16-1-14
State
    
Sec. 14. "State" means the District of Columbia, the Commonwealth of Puerto Rico, or any state, territory, possession, or other jurisdiction of the United States.
As added by P.L.147-1988, SEC.1.