322.24 WHEN CERTIFICATE SHALL BE CANCELED OR AMENDED. The certificate shall be canceled when the partnership is dissolved or all limited partners cease to be such. A certificate shall be amended when: (1) there is a change in the name of the partnership or in the amount or character of the contribution of any limited partner; (2) a person is substituted as a limited partner; (3) an additional limited partner is admitted; (4) a person is admitted as a general partner; (5) a general partner retires, dies, or is adjudicated as a person who lacks mental capacity, and the business is continued under section 322.20; (6) there is a change in the character of the business of the partnership; (7) there is a false or erroneous statement in the certificate; (8) there is a change in the time as stated in the certificate for the dissolution of the partnership or for the return of the contribution; (9) a time is fixed for the dissolution of the partnership, or the return of a contribution, no time having been specified in the certificate; or (10) the members desire to make a change in any other statement in the certificate in order that it shall accurately represent the agreement between them. having been specified in the certificate; or (10) the members desire to make a change in any other statement in the certificate in order that it shall accurately represent the agreement between them. History: (7376) 1919 c 498 s 24; 2013 c 59 art 3 s 5
Minnesota Legal Code