GroundRules
S.C. Code Ann. § 33-42-630: General powers and liabilities.
Where this section sits in the code
- Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
- CHAPTER 42 Uniform Limited Partnership Act
- ARTICLE 4 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.
Collected 2026-09-02T07:04:29Z. Source file · JSON