---
title: O.C.G.A. § 14-9A-21. Business which may be carried on; power to acquire property.
collection: code
id: 14-9A-21
cite_as: O.C.G.A. § 14-9A-21 (2025)
canonical_url: https://georgiacommons.org/code/14-9A-21
md_url: https://georgiacommons.org/code/14-9A-21.md
text_url: https://georgiacommons.org/code/14-9A-21/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t14-(v12)-2017-pdf.pdf?sfvrsn=507372ea_0#page=1065
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS / LIMITED PARTNERSHIPS / LIMITED PARTNERSHIPS FORMED SINCE FEBRUARY 15, 1952 / FORMATION, CANCELLATION, AND AMENDMENT
---

# O.C.G.A. § 14-9A-21. Business which may be carried on; power to acquire property.

(a) A limited partnership may carry on any business which a partnership without limited partners may carry on, except for banking, insurance, railroad, trust, canal, navigation, express, and telegraph businesses.

(b) A limited partnership may acquire property of any nature and take title thereto in the name of the partnership. The specification of this power shall not be construed to limit any other power which such limited partnership may have.

## History

Ga. L. 1952, p. 375, § 3; Ga. L. 1970, p. 195, § 1; Code 1981, § 14-9-21; Code 1981, § 14-9A-21, as redesignated by Ga. L. 1988, p. 1016, § 1.

## Cross References

Status of banking, insurance, or railroad corporations as Secretary of State Corporations, § 14-4-1 et seq.