Section 17-14-202 - Definitions

17-14-202. Definitions. (a) As used in this act, unless the context otherwise requires: (i) 'Certificate of limited partnership' means the certificate referred to in W.S. 17-14-301, and the certificate as amended or restated; (ii) '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 capacity as a partner; (iii) 'Event of withdrawal of a general partner' means an event that causes a person to cease to be a general partner as provided in W.S. 17-14-502; (iv) 'Foreign limited partnership' means a partnership formed under the laws of any state other than this state and having as partners one (1) or more general partners and one (1) or more limited partners; (v) '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; (vi) 'Limited partner' means a person who has been admitted to a limited partnership as a limited partner in accordance with the partnership

e certificate of limited partnership as a general partner; (vi) 'Limited partner' means a person who has been admitted to a limited partnership as a limited partner in accordance with the partnership agreement; (vii) 'Limited partnership' and 'domestic limited partnership' mean a partnership formed by two (2) or more persons under the laws of this state and having one (1) or more general partners and one (1) or more limited partners; (viii) 'Partner' means a limited or general partner; (ix) '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; (x) '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; (xi) 'Person' means a natural person, partnership, limited partnership (domestic or foreign), limited liability company, trust, estate, association or corporation; (xii) 'State' means a state, territory or possession of the United States, the District of Columbia, or the Commonwealth of Puerto Rico; (xiii) 'Certificate of continuance' means the certificate issued under the

' means a state, territory or possession of the United States, the District of Columbia, or the Commonwealth of Puerto Rico; (xiii) 'Certificate of continuance' means the certificate issued under the provisions of this act to continue a foreign limited partnership in this state; (xiv) 'Foreign limited liability limited partnership' means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to W.S. 17-14-503; (xv) 'Limited liability limited partnership', except in the phrase 'foreign limited liability limited partnership' means a limited partnership whose certificate of limited partnership states that the limited partnership is a limited liability limited partnership; (xvi) 'This act' means W.S. 17-14-201 through 17-14-1104.