Eligibility to be partners: subscription at incorporation creates initial partners; further admission occurs under the partnership agreement. On incorporation, those who subscribe the incorporation document become partners of the limited liability partnership. Admission of any other person to partnership is governed by and in accordance with the limited liability partnership agreement, which prescribes how others may become partners.
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Provisions expressly mentioned in the judgment/order text.
Eligibility to be partners: subscription at incorporation creates initial partners; further admission occurs under the partnership agreement.
On incorporation, those who subscribe the incorporation document become partners of the limited liability partnership. Admission of any other person to partnership is governed by and in accordance with the limited liability partnership agreement, which prescribes how others may become partners.
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