Title 14, Chapter 9A, Section 5
( 14-9A-5)
(a) A limited partnership formed under any statute of this state prior to the adoption of this article may become a limited partnership under this article by complying with Code Section 14-9A-20, provided the certificate sets forth: (1) The amount of the original contribution of each limited
partner and the time when the contribution was made; and (2) That the property of the partnership exceeds the amount
sufficient to discharge its liabilities to persons not claiming as
general or limited partners by an amount greater than the sum of
the contributions of its limited partners. (b) A limited partnership formed under any statute of this state
prior to the adoption of this article, until or unless it becomes a
limited partnership under this article, shall continue to be
governed by Article 2 of this chapter, except that such partnership
shall not be renewed unless so provided in the original agreement. |