D.C. Code § 29-703.02

Current through codified legislation effective September 18, 2024
Section 29-703.02 - No agency power of limited partner as limited partner
(a) A limited partner is not an agent of a limited partnership solely by reason of being a limited partner.
(b) A person's status as a limited partner does not prevent or restrict the law, other than in this title, from imposing liability on a limited partnership because of the person's conduct.

D.C. Code § 29-703.02

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(g)(4)(B), 59 DCR 13171.

Uniform Law: This section is based on § ,302 of the Uniform Limited Partnership Act (2001 Act).

Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.