Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 25-05-360 — Washington Law | CourtGPT
  1. Home/
  2. Laws/
  3. Washington/
  4. Rcw Dispositions Title 25/
  5. Chapter 25.05 - Revised Uniform Partnership Act.25.05.005 - Definitions/
  6. § 25-05-360
Washington Legal Code

§ 25-05-360

Ask AI about this
RCW 25.05.360Conversion of limited partnership to partnership.(1) A limited partnership may be converted to a partnership pursuant to this section.(2) Notwithstanding a provision to the contrary in a limited partnership agreement, the terms and conditions of a conversion of a limited partnership to a partnership must be approved by all of the partners.(3) After the conversion is approved by the partners, the limited partnership shall cancel its certificate of limited partnership.(4) The conversion takes effect when the certificate of limited partnership is canceled.(5) A limited partner who becomes a general partner as a result of the conversion remains liable only as a limited partner for an obligation incurred by the limited partnership before the conversion takes effect. Except as otherwise provided in RCW 25.05.125, the partner is liable as a general partner for an obligation of the partnership incurred after the conversion takes effect.[ 1998 c 103 s 903.]