--- title: O.C.G.A. § 14-9A-70. Rights, powers, and liabilities of general partner. collection: code id: 14-9A-70 cite_as: O.C.G.A. § 14-9A-70 (2025) canonical_url: https://georgiacommons.org/code/14-9A-70 md_url: https://georgiacommons.org/code/14-9A-70.md text_url: https://georgiacommons.org/code/14-9A-70/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=1081 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. up: https://georgiacommons.org/code/14-9A.md previous: https://georgiacommons.org/code/14-9A-52.md next: https://georgiacommons.org/code/14-9A-80.md index: https://georgiacommons.org/code/index.md 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 / GENERAL PARTNERS --- # O.C.G.A. § 14-9A-70. Rights, powers, and liabilities of general partner. A general partner shall have all the rights and powers and be subject to all the restrictions and liabilities of a partner in a partnership without limited partners, except that without the written consent or ratification of the specific act by all the limited partners, a general partner or all of the general partners have no authority to: (1) Do any act in contravention of the certificate required under Code Section 14-9A-20; (2) Do any act which would make it impossible to carry on the ordinary business of the partnership; (3) Confess a judgment against the partnership; (4) Possess partnership property, or assign their rights in specific partnership property, for other than a partnership purpose; (5) Admit a person as a general partner, unless the partnership agreement provides otherwise; (6) Admit a person as a limited partner, unless the right so to do is given in the certificate; (7) Continue the business with partnership property on the death, retirement, or insanity of a general partner, unless the right so to do is given in the certificate. ## History Ga. L. 1952, p. 375, § 9; Code 1981, § 14-9-70; Code 1981, § 14-9A-70, as redesignated by Ga. L. 1988, p. 1016, § 1. ## Law Reviews For article on the definition of a security in light of the 1973 Georgia Securities Act and the need for maximizing investor protection, see 30 Emory L.J. 73 (1981).