A. A limited partnership is an entity distinct from its partners. B. A limited partnership may be organized pursuant to the Uniform Revised Limited Partnership Act for any lawful purpose. C. A limited partnership has a perpetual duration. History: Laws 2007, ch. 129, § 104. ANNOTATIONSEffective dates. — Laws 2007, ch. 129, § 1208 made the section effective January 1, 2008.
New Mexico Legal Code