§ 3401

(2) A 'contribution' means any cash, property, services rendered, or a promissory note or other binding obligation to contribute cash or property or to perform services, which a partner contributes to a limited partnership in his or her capacity as a partner. (3) An 'event of withdrawal of a general partner' means an event that causes a person to cease to be a general partner as provided in section 3432 of this title. (4) A 'foreign limited partnership' means a partnership formed under laws other than the laws of this State and having as partners one or more general partners and one or more limited partners. (5) 'General partner' means a person who has been admitted to a limited partnership as a general partner in accordance with the partnership agreement and named in the certificate of limited partnership as a general partner. (6) 'Limited partner' means a person who has been admitted to a limited partnership as a limited partner in accordance with the partnership agreement.

ate of limited partnership as a general partner. (6) 'Limited partner' means a person who has been admitted to a limited partnership as a limited partner in accordance with the partnership agreement. (7) 'Limited partnership' and 'domestic limited partnership' mean a partnership formed by two or more persons under the laws of this State and having one or more general partners and one or more limited partners. (8) 'Partner' means a limited or general partner.(9) 'Partnership agreement' means any valid agreement, written or oral, of the partners as to the affairs of a limited partnership and the conduct of its business. (10) '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. (11) 'Person' means a natural person, partnership, limited partnership (domestic or foreign), trust, estate, association, corporation, or limited liability company. (12) 'State' means a state, territory, or possession of the United States, the District of Columbia, or the Commonwealth of Puerto Rico. (Added 1997, No. 149 (Adj. Sess.), § 4, eff. Jan. 1, 1999.)