Section 14-9A-70. Rights, powers, and liabilities of general partner


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  •    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 no authority to:

       (1) Do any act in contravention of the certificate required under Code Section 14-9A-20;

       (2) Do any act which would make it impossible to carry on the ordinary business of the partnership;

       (3) Confess a judgment against the partnership;

       (4) Possess partnership property, or assign their rights in specific partnership property, for other than a partnership purpose;

       (5) Admit a person as a general partner, unless the partnership agreement provides otherwise;

       (6) Admit a person as a limited partner, unless the right so to do is given in the certificate;

       (7) Continue the business with partnership property on the death, retirement, or insanity of a general partner, unless the right so to do is given in the certificate.
Ga. L. 1952, p. 375, § 9; Code 1981, § 14-9-70; Code 1981, § 14-9A-70, as redesignated by Ga. L. 1988, p. 1016, § 1.