Plain Text Law

§ 10–403

Statutes in effect as of October 1, 2026.

Md. Code Ann., Corps. & Ass'ns § 10-403 (2026)
Title 10. Limited Partnership Act
Subtitle 4. General Partners

§ 10–403Copy Citation

(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.