Title 14, Chapter 9, Section 302
( 14-9-302)
(a) The partnership agreement may grant: (1) The right to vote to all or certain identified limited
partners or specified classes or groups of the limited partners on
a per capita or any other basis, separately or with all or any
class or group of the limited partners or the general partners, on
all matters or on one or more specified matters; and (2) Dissenters' rights to all or certain identified limited
partners. (b) A partnership agreement that grants a right to vote may set
forth provisions relating to notice of the time, place, or purpose
of any meeting at which any matter is to be voted on by any limited
partners, waiver of any such notice, action by consent without a
meeting, the establishment of a record date, quorum requirements,
voting in person or by proxy, or any other matter with respect to
the exercise of any such right to vote. Subject to such provisions
in the partnership agreement, the matters referred to in this
subsection may be decided by the general partners. (c) In addition to the relative rights, powers, and duties
authorized by subsections (a) and (b) of this Code section, a
partnership agreement may provide for classes or groups of limited
partners to have such relative rights, powers, and duties as the
partnership agreement may provide. |