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us-gu · Through P.L. 38-133 (June 4, 2026)

18 GCA § 27307: Rights, Powers, and Liabilities of a General Partner.

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Where this section sits in the code
  1. Title 18: Business Structure and Function
  2. Division 1 - Business Structure
  3. Part 4 - Partnership
  4. Chapter 27: Limited Partnerships
  5. ARTICLE 3: POWERS, RIGHTS, DUTIES AND LIABILITIES OF PARTNERS

(1) A general partner shall have all the rights and powers and be subject to all the restrictions and liabilities of a partner in a partnership without limited partners, except that without the written consent or ratification of the specific act by all the limited partners, a general partner or all of the general partners have no authority to --

(a) Do any act in contravention of the certificate,

(b) Do any act which would make it impossible to carry on the

ordinary business of the partnership,

(c) Confess a judgement against the partnership,

(d) Possess partnership property, or assign their rights in specific

partnership property, for other than a partnership purpose,

(e) Admit a person as a general partner,

(f) Admit a person as a limited partner, unless the right so to do is

given in the certificate,

(g) Continue the business with partnership property on the death,

retirement, or insanity of a general partner, unless the right so to do is given in the certificate.

Collected 2026-09-27T03:55:28Z. Source file · JSON

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