THREE STATES ADDED TO LIST OF STATES IN COMPLIANCE WITH UNIFORM LIMITED PARTNERSHIP ACT AND PARTNERSHIP DEFINITION REGULATIONS.
Rev. Rul. 89-123; 1989-2 C.B. 261
- Institutional AuthorsInternal Revenue Service
- Code Sections
- Subject Areas/Tax Topics
- Index Termslimited partnership
- Jurisdictions
- LanguageEnglish
- Tax Analysts Electronic Citation89 TNT 233-26
Rev. Rul. 89-123
In Rev. Rul. 84-80, 1984-1 C.B. 275, as amplified by Rev. Rul. 84-180, 1984-2C.B. 314, Rev. Rul. 85-178, 1985-2 C.B. 338, Rev. Rul. 86-30, 1986-1 C.B. 370, Rev. Rul. 86-112, 1986-2 C.B. 214, Rev. Rul. 88-23, 1988-1 C.B. 414, Rev. Rul. 88-43, 1988-1 C.B. 404, and Rev. Rul. 89-38, 1989-12 I.R.B. 4, the Internal Revenue Service listed several states that revised their limited partnership statutes following the promulgation of the Revised Uniform Limited Partnership Act (RULPA). The Service determined that the legislation enacted by those states corresponds to the Uniform Limited Partnership Act (ULPA) for purposes of section 301.7701-2 of the Procedure and Administration Regulations.
The Service has determined that each of the following additional states has enacted legislation that, as of its effective date, corresponds to the ULPA for purposes of section 301.7701-2 of the regulations:
Delaware: Del. Code Ann. tit. 6, chapter 17, sections 17-101
through 17-1108 (Supp. 1986) effective August 1, 1985,
with amendments effective September 1, 1988.
Illinois: Ill. Ann. Stat. chapter 106 1/2, Paragraphs 151-1
through 162-5 (Supp. 1989) effective July 1, 1987,
with amendments effective January 1, 1988.
Missouri: Mo. Rev. Stat., chapter 359, sections 359.01 through
359.691 (Supp. 1989) effective January 1, 1987.
The following summarizes alphabetically all the states whose versions of the RULPA have been determined by the Service to correspond to the ULPA as of November 20, 1989. No opinion is expressed as to whether a state's version of the RULPA corresponds to the ULPA for purposes of section 301.7701-2 of the regulations if the statute has been amended after the effective date of the statute cited herein.
Alabama: Ala. Code sections 10-9A-1 through 10-9A-203 (Supp.
1984) effective January 1, 1984.
Arizona: Ariz. Rev. Stat. Ann. sections 29-301 through 29-366
(West Supp. 1983-84) effective July 24, 1982.
Arkansas: Ark. Stat. Ann. sections 65-501 through 65-566 (1980)
effective July 1, 1979.
California: Cal. Corp. Code sections 156112 through 15273 (West
Supp. 1984) effective July 1, 1984.
Colorado: Colo. Rev. Stat. sections 7-62-101 through 7-62-1201
(Supp. 1983) effective November 1, 1981.
Connecticut: Conn. Gen. Stat. Ann. sections 34-9 through 34-38
(West Supp. 1983-84) effective October 1, 1979.
Delaware: Del. Code Ann. tit. 6, chapter 17, sections 17-101
through 17-1108 (Supp. 1986) effective August 1,
1985, with amendments effective September 1, 1988.
Florida Florida Stat. Ann., sections 620.101 - 620.186 (West
Supp. 1987), effective January 1, 1987.
Idaho: Idaho Code sections 53-201 through 53-267 (Supp. 1984)
effective January 1, 1982.
Illinois: Ill. Ann. Stat., chapter 106 1/2, Paragraphs 151-1
through 162-5 (Supp. 1989) effective July 1, 1987,
with amendments effective January 1, 1988.
Iowa: Iowa Code Ann. sections 545-101 through 545.1106 (West
Supp. 1984) effective July 1, 1982.
Kansas: Kan. Stat. Ann. sections 56-1a101 through 56-1a601
(1983) effective January 1, 1984.
Maryland: Md. Corps. and Assn's Code Ann. sections 10-101
through 10-1104 (Michie Supp. 1983) effective July 1,
1982.
Massachusetts: Mass. Ann. Laws ch. 109, sections 1-62 (Law. Co-op
Supp. 1983) effective July 1, 1982.
Michigan: Mich. Stat. Ann. sections 20.1101 through 20.2108
(Callaghan Supp. 1984-85) effective January 1, 1983.
Minnesota: Minn. Stat. Ann. sections 322A.01 through 322A.87
(West 1982) effective January 1, 1981.
Missouri: Mo. Rev. Stat., chapter 359, sections 359.01 through
359.691 (Supp. 1989) effective January 1, 1987.
Montana: Mont. Code. Ann. sections 35-12-501 through 1404,
effective October 1, 1987.
Nebraska: Neb. Rev. Stat. sections 67-237 through 67-297 (R.S.
Supp., 1982) effective January 1, 1982.
New Jersey: N.J. Stat. Ann. sections 42:2A-1 through 42:2A-72
(West Supp. 1985) effective January 1, 1985.
Ohio: Ohio Rev. Code Ann. sections 1782.01 through 1782.62
(Page Supp. 1984) effective April 1, 1985.
Oklahoma: Okla. Stat. Ann. tit. 54, sections 301 through 364
(West Supp. 1984) effective November 1, 1984.
Texas: Tex. Rev. Civ. Stat. Ann. art 6132a-1, effective
September 1, 1987.
Virginia: Va. Code Ann. sections 50-73.1 through 50-73.77 (Supp.
1987) effective January 1, 1987.
Washington: Wash. Rev. Code Ann. sections 25.10.010 through
25.10.690 (Supp. 1984) effective January 1, 1982.
West Virginia: W.Va. Code sections 47-9-1 through 47-9-63 (Michie
Supp. 1984) effective January 1, 1982).
Wisconsin: Wis. Stat. Ann. sections 179.01 through 179.94 (West
Supp. 1984) effective September 1, 1984.
Wyoming: Wyo. Stat. sections 17-14-201 through 17-14-1104
(Supp. 1984) effective July 1, 1979.
EFFECT ON OTHER RULINGS
Rev. Rul. 84-80, 1984-1 C.B. 275, Rev. Rul. 84-180, 1984-2 C.B. 314, Rev. Rul. 85-178, 1985-2 C.B. 338, Rev. Rul. 86-30, 1986-1 C.B. 370, Rev. Rul. 86-112, 1986-2 C.B. 214, Rev. Rul. 88-23, 1988-1 C.B. 404, Rev. Rul. 88-43, 1988-1 C.B. 404, and Rev. Rul. 89-38, 1989-12 I.R.B. 4, which hold that the state statutes cited above correspond to ULPA for purposes of section 301.7701-2 of the regulations, are superseded.
DRAFTING INFORMATION
The principal author of this revenue ruling is Carol E. Schultze of the Office of Assistant Chief Counsel (Passthroughs and Special Industries). For further information regarding this revenue ruling contact Ms. Schultze on (202) 566-3625 (not a toll-free call).
- Institutional AuthorsInternal Revenue Service
- Code Sections
- Subject Areas/Tax Topics
- Index Termslimited partnership
- Jurisdictions
- LanguageEnglish
- Tax Analysts Electronic Citation89 TNT 233-26
