179.33 General partner powers and liabilities.
179.33
179.33 General partner powers and liabilities.179.33(1)
(1) 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 of a partner in a partnership without limited partners.179.33(2)
(2)179.33(2)(a)
(a) 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.179.33(2)(b)
(b) 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.179.33 - ANNOT.
History: 1983 a. 173.