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§ 359.251 — Missouri Law | CourtGPT
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  6. § 359.251
Missouri Legal Code

§ 359.251

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Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS Chapter 359 Effective - 01 Jan 1987, see footnote 359.251. Rights and liabilities of a general partner. — 1. Except as provided in this chapter 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. 2. Except as provided in this chapter, 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 chapter 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. ­­-------- (L. 1985 H.B. 512 & 650) Effective 1-01-87