Georgia Commons

Plain text

14-9A-21. Business which may be carried on; power to acquire property.

The only printed version. Current through: Including Acts of the 2025 Regular Session of the General Assembly.

(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.