A limited partner does not have the right or the power as a limited partner to act for or bind the limited partnership.
Iowa Code § 488.302
No right or power as limited partner to bind limited partnership
Known as the Uniform Limited Partnership Act
The act spans §§ 488–488 (109 sections).
2004 Acts, ch 1021, §30, 118
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.