WeVote
Log In

Bill

Bill

HB 2871

technical correction; limited partnership

57th Legislature - Second Regular Session Introduced by Jeff Weninger

HB 2871 makes a technical grammar/phrasing update to Arizona’s Uniform Limited Partnership Act to ensure uniform interpretation with other states.

House First Reading.
0
WeVote Research Nonpartisan
Bill Summary · HB 2871

Summary of HB 2871 (57th-2nd Regular Session, Arizona)

Purpose and intent

  • The bill is a technical correction related to the Uniform Limited Partnership Act in Arizona.
  • Its stated goal is to ensure the Arizona Revised Statutes align with the uniform framework used by other states that have enacted the Uniform Limited Partnership Act, promoting consistency across jurisdictions.

Key provisions and changes

  • Amends Section 29-360 of the Arizona Revised Statutes.
  • Wording focus: clarifies the construction and application of Chapter 3 (as indicated by the section title) to ensure the chapter effectuates its general purpose of uniformity with respect to limited partnerships.
  • The primary textual change appears to be a grammar/phrasing correction to reinforce the intent of uniform application across states that have enacted the same act.

Who or what is affected

  • Limited partnerships and their governing documents in Arizona.
  • Legal practitioners, judges, and state agencies interpreting and applying Arizona’s Uniform Limited Partnership Act.
  • Businesses and entities formed as limited partnerships or considering formation in Arizona, who rely on the act's uniform framework.

Procedural and timeline aspects

  • Introduced in the Arizona House of Representatives by Rep. Weninger, with a co-sponsor noted (Jeff Weninger).
  • Action history shows only the first reading as of June 13, 2026; no substantive policy shifts beyond a technical correction are indicated.
  • No fiscal impact is described in the provided text; typical technical corrections may have minimal administrative effects.

Notes

  • The bill appears narrowly focused on the construction and application language to ensure uniform interpretation rather than addressing substantive substantive changes to rights, duties, or remedies of limited partnerships.

If you’d like, I can compare this bill’s language to the standard Uniform Limited Partnership Act provisions in other states to illustrate the exact alignment and potential edge cases.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.