§ 14-9A-70. Rights, Powers, and Liabilities of General Partner
A general partner shall have all the rights and powers and be subject to all the restrictions and liabilities of a partner in a partnership without limited partners, except that without the written consent or ratification of the specific act by all the limited partners, a general partner or all of the general partners have […]
§ 14-9A-80. Party to Proceedings
A contributor, unless he is a general partner, is not a proper party to proceedings by or against a partnership, except where the object is to enforce a limited partner’s right against, or liability to, the partnership. History. Ga. L. 1952, p. 375, § 26; Code 1981, § 14-9-80; Code 1981, § 14-9A-80 , as […]
§ 14-9A-90. Effect of Retirement, Death, or Insanity of General Partner
The retirement, death, or insanity of a general partner dissolves the partnership, unless the business is continued by the remaining general partners: Under a right to do so stated in the certificate required under Code Section 14-9A-20; or With the consent of all members. History. Ga. L. 1952, p. 375, § 20; Code 1981, § […]
§ 14-9A-91. Settling of Accounts
In settling accounts after dissolution, the liabilities of the partnership shall be entitled to payment in the following order: Those to creditors, in the order of priority as provided by law, except those to limited partners on account of their contributions and to general partners; Those to limited partners in respect to their share of […]
§ 14-9-1204. Applicability of Uniform Partnership Act
The provisions of Chapter 8 of this title, known as the “Uniform Partnership Act,” shall govern in any case not provided for in this chapter. History. Code 1981, § 14-9-1204 , enacted by Ga. L. 1988, p. 1016, § 1.
§ 14-9A-41. Limited Partner Not Liable to Creditors
A limited partner shall not become liable as a general partner unless, in addition to the exercise of his rights and powers as a limited partner, he takes part in the control of the business. History. Ga. L. 1952, p. 375, § 7; Code 1981, § 14-9-41; Code 1981, § 14-9A-41 , as redesignated by […]
§ 14-9A-1. Short Title
This article shall be known and may be cited as the “Uniform Limited Partnership Act.” History. Ga. L. 1952, p. 375, § 27; Code 1981, § 14-9-1; Code 1981, § 14-9A-1 , as redesignated by Ga. L. 1988, p. 1016, § 1; Ga. L. 2017, p. 774, § 14/HB 323. The 2017 amendment, effective May […]
§ 14-9A-42. Rights
A limited partner shall have the same rights as a general partner to: Have the partnership books kept at the principal place of business of the partnership and at all times to inspect and copy any of them; Have on demand true and full information of all things affecting the partnership and a formal account […]
§ 14-9A-2. Limited Partnership Defined
A limited partnership is a partnership formed by two or more persons under Code Section 14-9A-20, having as members one or more general partners and one or more limited partners. The limited partners as such shall not be bound by the obligations of the partnership. History. Ga. L. 1952, p. 375, § 1; Code 1981, […]
§ 14-9A-2.1. Applicability of Article
This article is applicable only to limited partnerships to which Chapter 9 of this title or Article 2 of this chapter does not apply as provided by Code Section 14-9-1201 or 14-9A-110. History. Code 1981, § 14-9A-2.1 , enacted by Ga. L. 1988, p. 1016, § 2.