The proposed bill seeks to amend section 29-360 of the Arizona Revised Statutes, specifically focusing on the application and interpretation of the law regarding limited partnerships. The current statute emphasizes the goal of uniformity in the law concerning limited partnerships among states that have enacted it.

If the bill becomes law, it will replace the phrase "this act" with "the uniform limited partnership act," thereby clarifying the specific act to which the statute refers. This change aims to enhance the understanding and application of the law related to limited partnerships in Arizona.

Statutes affected:
Introduced Version: 29-360