The Florida Senate

620.184  Construction and application of act.--

(1)  This act shall be so applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this act among states enacting it.

(2)(a)  Sections 620.135, 620.136, and 620.148 apply only to contributions and distributions made after January 1, 1987.

(b)  Section 620.154 applies only to assignments made after January 1, 1987.

(c)  Unless otherwise agreed by the partners, the applicable provisions of existing law governing allocation of profits and losses, rather than the provisions of s. 620.137; distributions to a withdrawing partner, rather than the provisions of s. 620.144; and distribution of assets upon the winding up of a limited partnership, rather than the provisions of s. 620.162, govern limited partnerships formed before January 1, 1987.

(3)  With respect to a limited partnership formed prior to January 1, 1987:

(a)  Except as provided in paragraph (b), such limited partnership need not file with the Department of State a certificate of amendment which would cause its certificate of limited partnership to comply with this act until the occurrence of an event which, under this act, requires the filing of a certificate of amendment.

(b)  Such limited partnership need not file an affidavit pursuant to s. 620.108, s. 620.112, s. 620.169, or s. 620.176 until there is a change in capital contribution which would require a certificate of amendment to be filed under prior law.

History.--s. 68, ch. 86-263.