2007 Minnesota Statutes

323A.1203 EFFECT OF DESIGNATION.
Except as otherwise provided in this chapter, a partnership remains the same entity for
purposes of holding title to or conveying an interest in real or personal property and for all other
purposes:
(1) during the winding up of the partnership following its dissolution;
(2) whether the status of a partnership that is a limited liability partnership terminates under
section 323A.0105(d) or 323A.1003; and
(3) regardless of whether the words "limited liability partnership," "professional limited
liability partnership," "general partnership," "registered limited liability partnership," or the
designation "L.L.P.," "LLP," "P.L.L.P.," "PLLP," "R.L.L.P.," or "RLLP" are used in an instrument
conveying an interest in real or personal property to or from the partnership or in any other writing.
History: 1997 c 174 art 12 s 64

NOTE:This chapter was formerly codified as sections 323A.1-01 to 323A.12-03. See Minnesota Statutes 2002. The chapter was recodified in 2004 as sections 323A.0101 to 323A.1203. The recodification is arranged in the same sequence as the original codification.