GroundRules
AS 32.11.170: General powers and liabilities.
Where this section sits in the code
- Title 32. Partnership.
- Chapter 11. Uniform Limited Partnership Act.
- Article 3. General Partners.
(a) 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.
(b) 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. The rights of a creditor with respect to a general partner's interest in a limited partnership are subject to AS 32.11.340.
Collected 2026-09-02T06:18:30Z. Source file · JSON