2005 Minnesota Statutes - 322A.33 — General powers and liabilities.

     322A.33 General powers and liabilities. 


    (a) Except as provided in sections 322A.01 to 322A.87 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 sections 322A.01 to 322A.87, a 
 general partner of a limited partnership has the liabilities of 
 a partner in a partnership without limited partners to persons 
 other than the other partners and the partnership.  Except as 
 provided in sections 322A.01 to 322A.87 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. 


    HIST: 1980 c 582 art 5 s 24; 1984 c 448 s 2