Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
323A.1202 APPLICABILITY.
(a) Before January 1, 2002, chapter 323A governs only a partnership formed:
(1) after January 1, 1999, unless that partnership is continuing the business of a dissolved
partnership under section 323.40; and
(2) before January 1, 1999, that elects, as provided by subsection (c), to be governed by
chapter 323A.
(b) On and after January 1, 2002, chapter 323A governs all partnerships.
(c) Before January 1, 2002, a partnership voluntarily may elect, in the manner provided in
its partnership agreement or by law for amending the partnership agreement, to be governed by
chapter 323A. Before January 1, 2002, provisions of chapter 323A relating to the liability of the
partnership's partners to third parties apply to limit those partners' liability to a third party who
had done business with the partnership within one year preceding the partnership's election to
be governed by chapter 323A, only if the third party knows or has received a notification of the
partnership's election to be governed by chapter 323A.
History: 1997 c 174 art 12 s 63; 2001 c 64 s 4
(a) Before January 1, 2002, chapter 323A governs only a partnership formed:
(1) after January 1, 1999, unless that partnership is continuing the business of a dissolved
partnership under section 323.40; and
(2) before January 1, 1999, that elects, as provided by subsection (c), to be governed by
chapter 323A.
(b) On and after January 1, 2002, chapter 323A governs all partnerships.
(c) Before January 1, 2002, a partnership voluntarily may elect, in the manner provided in
its partnership agreement or by law for amending the partnership agreement, to be governed by
chapter 323A. Before January 1, 2002, provisions of chapter 323A relating to the liability of the
partnership's partners to third parties apply to limit those partners' liability to a third party who
had done business with the partnership within one year preceding the partnership's election to
be governed by chapter 323A, only if the third party knows or has received a notification of the
partnership's election to be governed by chapter 323A.
History: 1997 c 174 art 12 s 63; 2001 c 64 s 4
Official Publication of the State of Minnesota
Revisor of Statutes