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Kentucky · Snapshot 09/05/2026

KRS 362.447: General power and liabilities of general partners.

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Where this section sits in the code
  1. KRS Chapter 362

(1) Except as provided in KRS 362.403 to 362.525 or in the partnership agreement, a

general partner of a limited partnership shall have all of the rights and powers, and

is subject to all of the restrictions, of a partner in a partnership without limited

partners.

(2) Except as provided in KRS 362.403 to 362.525, a general partner of a limited

partnership shall have all of 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 KRS 362.403 to 362.525 or in the partnership agreement, a general

partner of a limited partnership shall have all of the liabilities of a partner in a

partnership without limited partners to the partnership and to the other partners.

Collected 2026-09-05T20:58:55Z. Source file · JSON

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