RSA 304-B:20 Person Erroneously Believing Himself a Limited Partner.

Title: XXVIII - PARTNERSHIPS Chapter: 304-B - UNIFORM LIMITED PARTNERSHIP ACT

I. Except as provided in paragraph II, a person who makes a contribution to a business enterprise and erroneously but in good faith believes that he has become a limited partner in the enterprise is not a general partner in the enterprise and is not bound by its obligations by reason of making the contribution, receiving distributions from the enterprise, or exercising any rights of a limited partner, if, on ascertaining the mistake, he:
(a) Causes an appropriate certificate of limited partnership or certificate of amendment to be executed and filed; or
(b) Withdraws from future equity participation in the enterprise by executing and filing in the office of the secretary of state a certificate declaring withdrawal under this section.
II. A person who makes a contri

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