Montana § 35-12-806 General Partner As Agent Of Limited Partnership

Montana Statutes

§ 35-12-806 — General Partner As Agent Of Limited Partnership

Montana § 35-12-806

Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Ch. 12LIMITED PARTNERSHIPS

Part 8General Partners

This text of Montana § 35-12-806 (General Partner As Agent Of Limited Partnership) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 35-12-806 (2026).

Text

35-12-806 . General partner as agent of limited partnership.

(1)Each general partner is an agent of the limited partnership for the purposes of its activities. 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 activities of the kind carried on by the limited partnership binds 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 35-12-511 (4) that the general partner lacked authority.

(2)An act of a general partner that is not apparently for carrying on in the ordinary c

Free access — add to your briefcase to read the full text and ask questions with AI

35-12-806 . General partner as agent of limited partnership. (1) Each general partner is an agent of the limited partnership for the purposes of its activities. 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 activities of the kind carried on by the limited partnership binds 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 35-12-511 (4) that the general partner lacked authority.
(2) An act of a general partner that is not apparently for carrying on in the ordinary course the limited partnership's activities or activities of the kind carried on by the limited partnership binds the limited partnership only if the act was actually authorized by all the other partners.