CHAPTER 47. REGULATION OF TRADE.

ARTICLE 9. UNIFORM LIMITED PARTNERSHIP ACT.

§47-9-24. General powers and liabilities of general partner.

(a) Except as provided in this article or in the partnership agreement, a general partner of a limited partnership has the rights and powers and is subject to the restrictions of a partner in a partnership without limited partners.

(b) Except as provided in this article, a general partner of a limited partnership has the liabilities of a partner in a partnership without limited partners to persons other than the partnership and the other partners. Except as provided in this article or in the partnership agreement, a general partner of a limited partnership has the liabilities of a partner in a partnership without limited partners to the partnership and to other partners.

Bill History For §47-9-24

1984 Regular Session
SB214
1984 Regular Session
SB214
1984 Regular Session
SB214
1981 Regular Session
HB987
1981 Regular Session
HB987
1981 Regular Session
HB987
1953 Regular Session
HB171
1953 Regular Session
HB171
1953 Regular Session
HB171
1953 Regular Session
HB171