2013 Maryland Code
§ 10-403 - Powers and liabilities

MD Corp & Assn Code § 10-403 (2013) What's This?


(a) Except as provided in this title or in the partnership agreement, a general partner of a limited partnership has the rights and powers and is subject to the restrictions and liabilities of a partner in a partnership.

(b) A general partner may not limit the general partner’s liability in the partnership agreement to persons other than his partners or the limited partnership.

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