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W. Va. Code § 47-9-24

General powers and liabilities of general partner

West Virginia · West Virginia Code Chapter 47 — Regulation of Trade · Status: effective

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W. Va. Code § 47-9-24, General powers and liabilities of general partner, West Virginia, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2388461
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(a) Except as provided in this article 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 this article, a general partner of a limited partnership has the liabilities of a partner in a partnership without limited partners to persons other than the partnership and the other partners. Except as provided in this article 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 other partners.