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Section 14: Liability of limited partnerships

Limited Partnerships Act · PART III: CONSTITUTION

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

14. Liability of limited partnerships Subject to section 11— (a) the acts of a general partner in connection with the business of the limited partnership shall bind the limited partnership in all respects; L15A – 9 [Issue 9] Limited Partnerships Act (b) every general partner shall be jointly and severally liable with the other general partners for all debts and obligations of the limited partnership incurred while he is a general partner; (c) a limited partnership may indemnify any partner or other person from and against all or any claims, demands and debts, unless otherwise provided in the partnership agreement. Sub-Part C – Limited Partnerships Name

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