Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 56-1a253 - General partners' powers and liabilities(a) Except as provided in this act 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 act, 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.(c) Except as provided in this act 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 the other partners.L. 1983, ch. 88, § 25; July 1.