Statutes > Arkansas Statutes > Title 4 - Business and Commercial Law > Subtitle 4 - Partnerships > Chapter 47 - Uniform Limited Partnership Act (2001) > Subchapter 3 - Limited Partners > § 4-47-302 - No right or power as limited partner to bind limited partnership.

§ 4-47-302 - No right or power as limited partner to bind limited partnership.

4-47-302. No right or power as limited partner to bind limited partnership.

A limited partner does not have the right or the power as a limited partner to act for or bind the limited partnership.