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RSA 304-B:24 · General Powers and Liabilities

Title
XXVIII: PARTNERSHIPS
Chapter
304-B · UNIFORM LIMITED PARTNERSHIP ACT
Status
current
Official source linked
Yes
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304-B:24 General Powers and Liabilities. –

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I.

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

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II.

Except as provided in this chapter, 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 chapter 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. Source. 1987, 349:1, eff. Jan. 1, 1988.

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Source note

Source. 1987, 349:1, eff. Jan. 1, 1988.

Source history

  • 1987, 349:1, eff. Jan. 1, 1988