{"data":{"id":"us-ny/n.y.-partnership-law-121-403","jurisdiction":"us-ny","citation":"N.Y. Partnership Law § 121-403","heading":"General powers and liabilities","body":"§ 121-403. General powers and liabilities. (a) Except as provided in\nthis article or in the partnership agreement, a general partner of a\nlimited partnership has the rights and powers and is subject to the\nrestrictions of a partner in a partnership without limited partners.\n  (b) Except as provided in this article, a general partner of a limited\npartnership has the liabilities of a partner in a partnership without\nlimited partners to persons other than the limited partnership and the\nother partners.\n  (c) Except as provided in this article or in the partnership\nagreement, a general partner of a limited partnership has the\nliabilities of a partner in a partnership without limited partners to\nthe limited partnership and to the other partners.","path":["Partnership Law","Article 8-A. Revised Limited Partnership Act"],"source_url":"https://legislation.nysenate.gov/api/3/laws/PTR/121-403","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"79cec01d91e9bb3d248dd51314483be10c28a87e68253934e8e8d2ce8d593dc7","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-partnership-law-121-402","next":"us-ny/n.y.-partnership-law-121-404"},"notice":"GroundRules: Original legal text. Not legal advice."}