Mich. Comp. Laws § 449.1403 : PARTNERSHIPS —MICHIGAN REVISED UNIFORM LIMITED PARTNERSHIP ACT —Article 4 — General partner; rights and powers; restrictions

(a) Except as provided in this act 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 act, 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 act 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 the other partners.

MCL 449.1403

1982, Act 213, Eff. 1/1/1983 ;--Am. 1986, Act 100, Eff. 7/1/1986 .
SECTIONS