Statute · California Corporations Code
Cal. Corp. Code § 15903.07 — Limited Partners
Cal. Corp. Code § 15903.07
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Date
- 2007-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) The partnership agreement may provide for the creation of classes of limited partners. The partnership agreement shall define the rights, powers, and duties of those classes, including rights, powers, and duties senior to other classes of limited partners.
Citator
Cal. Corp. Code § 15903.07 — Limited Partners is in force in the current edition of the Code, and nothing recorded condemns it.
(a) The partnership agreement may provide for the creation of classes of limited partners. The partnership agreement shall define the rights, powers, and duties of those classes, including rights, powers, and duties senior to other classes of limited partners.
(b) The partnership agreement may provide to all or certain specified classes of limited partners the right to vote separately or with all or any class or the general partners on any matter.