Definitions — Arizona Code § 29-301
Arizona Code § 29-301 — Definitions. Reproduced from the official Arizona Revised Statutes, with a citation summary, verification link, and related provisions.
§ 29-301. Definitions
In this chapter, unless the context otherwise requires:
1. "Certificate of limited partnership" means the certificate referred to in section 29-308, and the certificate as amended or restated.
2. "Contribution" means any cash, property, services rendered, or promissory note or other binding obligation to contribute cash or property or to perform services, which a partner contributes to a limited partnership in his capacity as a partner.
3. "Event of withdrawal of a general partner" means an event that causes a person to cease to be a general partner as provided in section 29-323.
4. "Foreign limited partnership" means a partnership formed under the laws of any state or other jurisdiction other than this state and having as partners one or more general partners and one or more limited partners.
5. "General partner" means a person who has been admitted to a limited partnership as a general partner in accordance with the partnership agreement and named in the certificate of limited partnership as a general partner.
6. "Limited partner" means a person who has been admitted to a limited partnership as a limited partner in accordance with the partnership agreement.
7. "Limited partnership" and "domestic limited partnership" means a partnership formed by two or more persons under the laws of this state and having one or more general partners and one or more limited partners.
8. "Partner" means a limited or general partner.
9. "Partnership agreement" means any valid agreement, written or oral, of the partners as to the affairs of a limited partnership and the conduct of its business.
10. "Partnership interest" means a partner's share of the profits and losses of a limited partnership and the right to receive distributions of partnership assets.
11. "Person" means a natural person, partnership, domestic or foreign limited partnership, trust, estate, association, corporation or entity.
12. "State" means a state, territory or possession of the United States, the District of Columbia or the Commonwealth of Puerto Rico.
Source: official Arizona text · Last verified 2026-08-27
At a glance
- Citation: Arizona Revised Statutes § 29-301
- Jurisdiction: Arizona
- Code: Arizona Revised Statutes
- Subject: Definitions
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Arizona Revised Statutes. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Arizona attorney.
Common questions
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The text above is transcribed from the Arizona Revised Statutes, the codified statutes of Arizona. The official publisher link appears under "Verify the text" on this page.
What subject does Arizona Revised Statutes § 29-301 address?
It addresses "Definitions". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
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