2013 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 070 - Limited Partnerships
Section 70.185 - Rights, restrictions and liabilities of general partner.


OR Rev Stat § 70.185 (2013) What's This?

(1) 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.

(2) 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.

(3) 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. [1985 c.677 §25]

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