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§ 47-9-17 — West Virginia Law | CourtGPT
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  4. Chapter 47 - Regulation of Trade/
  5. Article 9 - Uniform Limited Partnership Act§47-9-1. Definitions/
  6. § 47-9-17
West Virginia Legal Code

§ 47-9-17

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(a) A person becomes a limited partner on the later of:(1) The date the original certificate of limited partnership is filed; or(2) The date stated in the records of the limited partnership as the date that person becomes a limited partner.(b) After the filing of a limited partnership's original certificate of limited partnership, a person may be admitted as an additional limited partner:(1) In the case of a person acquiring a partnership interest directly from the limited partnership, upon the compliance with the partnership agreement or, if the partnership agreement does not so provide, upon the written consent of all partners; and(2) In the case of an assignee of a partnership interest of a partner who has the power, as provided in section forty- two of this article, to grant the assignee the right to become a limited partner, upon the exercise of that power and compliance with any conditions limiting the grant or exercise of that power.