Nature, purpose, and duration of limited partnership.
Miss. Code Ann. § 79-14-110
in effectA limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether its certificate states that the limited partnership is a limited liability limited partnership.
A limited partnership may have any lawful purpose, regardless of whether for profit.
A limited partnership has perpetual duration, unless otherwise specified in the partnership agreement.
Source: Public.Resource.Org MS CodeURL: https://unicourt.github.io/cic-code-ms/transforms/ms/ocms/r78/gov.ms.code.title.79.htmlFetched: 10/18/2026
