The document outlines the conditions under which interests in a partnership can be transferred and the requirements for admitting substituted limited partners. It specifies that any transferee must be an accredited investor, qualified purchaser, and qualified client, except in the event of a limited partner's death. The transfer must be accompanied by a satisfactory legal opinion, and the transferring partner and transferee are responsible for reimbursing the partnership for transfer expenses. Admission of substituted limited partners requires the general partner's consent and compliance with legal opinion requirements.
doj/DataSet10/EFTA01389645.pdf
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