GEORGIA CODE (Last Updated: August 20, 2013) |
Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS |
Chapter 9A. LIMITED PARTNERSHIPS |
Article 1. LIMITED PARTNERSHIPS FORMED SINCE FEBRUARY 15, 1952 |
Part 3. LIMITED PARTNERS |
Section 14-9A-41. Limited partner not liable to creditors
Latest version.
- 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.
Ga. L. 1952, p. 375, § 7; Code 1981, § 14-9-41; Code 1981, § 14-9A-41, as redesignated by Ga. L. 1988, p. 1016, § 1.