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W. Va. Code § 47-9-24

General powers and liabilities of general partner

Known as the Uniform Limited Partnership Act

The act spans §§ 47–47 (65 sections).

Applied in 1 court decision — leading case 205 W. Va. 56 - Szturm v. Huntington Blizzard Hockey Associates Ltd. Partnership (1999)

Most recently applied in 205 W. Va. 56 - Szturm v. Huntington Blizzard Hockey Associates Ltd. Partnership (May 1999)

(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.

Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.