District of Columbia § 29-704.02 General partner agent of limited partnership.

District of Columbia Statutes

§ 29-704.02 — General partner agent of limited partnership.

District of Columbia § 29-704.02

Title 29Business Organizations. [Enacted title]

Ch. 7Limited Partnerships.

Subch. IVGeneral Partners.

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Bluebook

D.C. Code § 29-704.02 (2026).

Text

(a)Each general partner shall be an agent of the limited partnership for the purposes of its activities and affairs.

(b)An act of a general partner, including the signing of a record in the partnership’s name, for apparently carrying on in the ordinary course the limited partnership’s activities or affairs or activities or affairs of the kind carried on by the limited partnership shall bind the limited partnership, unless the general partner did not have authority to act for the limited partnership in the particular matter and the person with which the general partner was dealing knew, had received a notification, or had notice under § 29-701.03(d) that the general partner lacked authority.

(c)An act of a general partner which is not apparently for carrying on in the ordinary course t

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(a) Each general partner shall be an agent of the limited partnership for the purposes of its activities and affairs.

(b) An act of a general partner, including the signing of a record in the partnership’s name, for apparently carrying on in the ordinary course the limited partnership’s activities or affairs or activities or affairs of the kind carried on by the limited partnership shall bind the limited partnership, unless the general partner did not have authority to act for the limited partnership in the particular matter and the person with which the general partner was dealing knew, had received a notification, or had notice under § 29-701.03(d) that the general partner lacked authority.

(c) An act of a general partner which is not apparently for carrying on in the ordinary course the limited partnership’s activities or affairs or activities or affairs of the kind carried on by the limited partnership shall bind the limited partnership only if the act was actually authorized by all the other partners.