State Codes and Statutes
Statutes > Virginia > Title-50 > Chapter-2-1 > 50-73-29§ 50-73.29. General powers and liabilities.
A. Except as provided in this chapter or in the partnership agreement, ageneral partner of a limited partnership has the rights and powers of apartner in a partnership without limited partners.
B. Except as provided in this chapter, a general partner of a limitedpartnership has the liabilities of a partner in a partnership without limitedpartners to persons other than the partnership and the other partners. Exceptas provided in this chapter or in the partnership agreement, a generalpartner of a limited partnership has the liabilities of a partner in apartnership without limited partners to the partnership and to the otherpartners.
(1985, c. 607.)
