Section 48-2e-301 - Becoming limited partners(1) Upon formation of a limited partnership, a person becomes a limited partner as agreed among the persons that are to be the initial partners.(2) After formation, a person becomes a limited partner: (a) as provided in the partnership agreement;(b) as the result of a transaction effective under Part 11, Merger, Interest Exchange, Conversion, and Domestication;(c) with the affirmative vote or consent of all the partners; or(d) as provided in Subsection 48-2e-801(1)(d) or (1)(e).(3) A person may become a partner without: (a) acquiring a transferable interest; or(b) making or being obligated to make a contribution to the limited partnership.Added by Chapter 412, 2013 General Session ,§ 178, eff. 1/1/2014.