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December 22, 2024 Clouds | 16°F
The 193rd General Court of the Commonwealth of Massachusetts

Section 24: Rights, powers and liabilities of general partners

Section 24. Except as provided in this chapter, a general partner of a limited partnership is subject to the liabilities of a partner in a partnership without limited partners and, except as provided in this chapter or in the partnership agreement, has the rights and powers and is subject to the restrictions of a partner in a partnership without limited partners.