Ky. Rev. Stat. § 362.1-901

Current through Acts Received April 24, 2024

Section 362.1-901 - Definitions for KRS 362.1-901 to 362.1-908

As used in KRS 362.1-901 to 362.1-908:

(1) "Converted organization" means the entity resulting from a conversion;

(2) "Converting organization" means the entity undertaking a conversion;

(3) "General partner" means a partner in a partnership and a general partner in a limited partnership;

(4) "Limited liability company" means a limited liability company organized under the Kentucky Limited Liability Company Act or comparable law of another jurisdiction;

(5) "Limited liability partnership" means a limited liability partnership as provided for in KRS 362.1-931;

(6) "Limited partner" means a limited partner in a limited partnership;

(7) "Limited partnership" means a limited partnership created under the Kentucky Uniform Limited Partnership Act (2006), predecessor law, or comparable law of another jurisdiction; and

(8) "Partner" includes both a general partner and a limited partner.

KRS 362.1-901

Amended by 2012 Ky. Acts ch. 81,§ 117, eff. 7/11/2012.

Created 2006, Ky. Acts ch. 149, sec. 61, effective 7/12/2006.