§ 7-13-24 - General rights, powers, and liabilities.
SECTION 7-13-24
§ 7-13-24 General rights, powers, andliabilities. – (a) Except as provided in this chapter or in the partnership agreement, ageneral partner of a limited partnership has the rights and powers and issubject to the restrictions of a partner in a partnership without limitedpartners.
(b) Except as provided in this chapter a general partner of alimited partnership has the liabilities of a partner in a partnership withoutlimited partners to persons other than the partnership and the other partners.Except as provided in this chapter or in the partnership agreement, a generalpartner of a limited partnership has the liabilities of a partner in apartnership without limited partners to the partnership and to the otherpartners.