Del. Code tit. 6 § 15-205

Current through 2024 Legislative Session Act Chapter 531

Section 15-205 - Admission without contribution or partnership interest

Each person to be admitted as a partner to a partnership formed under either § 15-202(a)(i) or § 15-202(a)(ii) of this title may be admitted as a partner and may receive a partnership interest in the partnership without making a contribution or being obligated to make a contribution to the partnership. Each person to be admitted as a partner to a partnership formed under either § 15-202(a)(i) or § 15-202(a)(ii) of this title may be admitted as a partner without acquiring an economic interest in the partnership. Nothing contained in this section shall affect a partner's liability under § 15-306 of this title.

6 Del. C. § 15-205

72 Del. Laws, c. 151, § 1; 72 Del. Laws, c. 390, § 14.;