New York Statutes
§ 98 — Rights, powers and liabilities of a general partner
New York § 98
This text of New York § 98 (Rights, powers and liabilities of a general partner) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. Partnership § 98 (2026).
Text
§ 98. Rights, powers and liabilities of a general partner.
(1)A\ngeneral partner shall have all the rights and powers and be subject to\nall the restrictions and liabilities of a partner in a partnership\nwithout limited partners, except that without the written consent or\nratification of the specific act by all the limited partners, a general\npartner or all of the general partners have no authority to\n (a) Do any act in contravention of the certificate.\n (b) Do any act which would make it impossible to carry on the ordinary\nbusiness of the partnership.\n (c) Confess a judgment against the partnership.\n (d) Possess partnership property, or assign their rights in specific\npartnership property, for other than a partnership purpose.\n (e) Admit a person as a general partner.\n
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Bluebook (online)
New York § 98, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/PTR/98.