That is what i thought. In the middle of a lawsuit and their attorney claims that the language “ On and after January 1, 2017, Chapter 14 governs all limited partnerships.“ means that all LPs are governed by the 2016 updated statute. even those formed prior to 2015. Didn't make sense to...
In the 2016 Mississippi Code - MS Code § 79-14-112 (2016) - It is discussed how the new provisions of the Limited Partnership Code should be applied to LPs formed before 2015. Does this language say the the new code does apply or does not apply to LPs formed before 2015. Does anyone know of...