North Dakota Statutes

§ 45-10.2-38 — (402) General partner agent of limited partnership

North Dakota § 45-10.2-38
JurisdictionNorth Dakota
Title 45Partnerships
Ch. 45-10.2Uniform Limited Partnership Act

This text of North Dakota § 45-10.2-38 ((402) General partner agent of limited partnership) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 45-10.2-38 (2026).

Text

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 name of the partnership, for apparently carrying on in the ordinary course the activities of the limited partnership 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 subsection 4 of section 45-10.2-06 that the general partner lacked authority.
2.An act of a general partner which is not apparently for carrying on in the ordinary course the activities of the li

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

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
North Dakota § 45-10.2-38, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/45-10.2-38.