61-2-201 - Execution required. - Tennessee Statutes

61-2-201. Execution required.

(a)  In order to form a limited partnership, one (1) or more persons, but not less than all of the general partners, must execute a certificate of limited partnership. A certificate of limited partnership shall be filed with the secretary of state and set forth:

     (1)  The name of the limited partnership;

     (2)  The street address and zip code of the limited partnership's initial registered office, the county in which the office is located, and the name of its initial registered agent at that office as required to be maintained by § 61-2-104;

     (3)  The street address and zip code of the principal office of the limited partnership;

     (4)  The name and the business, residence or mailing address of each general partner; and

     (5)  Any other matters not inconsistent with the partnership agreement which the partners determined to include therein.

(b)  The partnership agreement shall not be filed.

(c)  A limited partnership is formed at the time of the filing of the initial certificate of limited partnership with the secretary of state or at any later date or time specified in the certificate of limited partnership if, in either case, there has been substantial compliance with the requirements of this section. A limited partnership shall have a term of fifty (50) years unless the certificate of limited partnership provides otherwise.

[Acts 1988, ch. 922, § 1; 1989, ch. 270, § 10; 1997, ch. 38, § 1.]