Section 10-403 - Powers and liabilities. - Maryland Statutes

§ 10-403. Powers and liabilities.
 

(a)  In general.- Except as provided in this title or in the partnership agreement, a general partner of a limited partnership has the rights and powers and is subject to the restrictions and liabilities of a partner in a partnership. 

(b)  Restrictions on limiting of liability.- A general partner may not limit the general partner's liability in the partnership agreement to persons other than his partners or the limited partnership. 
 

[1981, ch. 801, § 2; 1982, ch. 873; 1997, ch. 654, § 2.]