Section 121-1101. Merger and consolidation of limited partnerships  


Latest version.
  • One or
      more limited partnerships formed under this article  or  which  complies
      with subdivision (a) of section 121-1202 of this article may merge with,
      or  consolidate into, a limited partnership formed under this article or
      which complies with subdivision (a) of such section or under the law  of
      any  other  state.  Whenever used in this article, "merger" shall mean a
      procedure in which two or more limited partnerships merge into a  single
      limited  partnership  which  shall  be  one  of  the constituent limited
      partnerships and "consolidation" shall mean a procedure in which two  or
      more  limited partnerships consolidate into a single limited partnership
      which shall be a new limited partnership to be formed  pursuant  to  the
      consolidation.