Arkansas Code Title 4, Subtitle 4, Chapter 47, Subchapter 4 - General Partners

• § 4-47-401 - Becoming General Partner.
  A person becomes a general partner: (1) as provided in the partnership agreement; (2) under § 4-47-801(3)(B) following the dissociation of a limited partnership's...
• § 4-47-402 - General Partner Agent of Limited Partnership.
  (a) Each general partner is an agent of the limited partnership for the purposes of its activities. An act of a general partner, including...
• § 4-47-403 - Limited Partnership Liable for General Partner's Actionable Conduct.
  (a) A limited partnership is liable for loss or injury caused to a person, or for a penalty incurred, as a result of a...
• § 4-47-404 - General Partner's Liability.
  (a) Except as otherwise provided in subsections (b) and (c), all general partners are liable jointly and severally for all obligations of the limited...
• § 4-47-405 - Actions by and Against Partnership and Partners.
  (a) To the extent not inconsistent with § 4-47-404, a general partner may be joined in an action against the limited partnership or named...
• § 4-47-406 - Management Rights of General Partner.
  (a) Each general partner has equal rights in the management and conduct of the limited partnership's activities. Except as expressly provided in this chapter,...
• § 4-47-407 - Right of General Partner and Former General Partner to Information.
  (a) A general partner, without having any particular purpose for seeking the information, may inspect and copy during regular business hours: (1) in the...
• § 4-47-408 - General Standards of General Partner's Conduct.
  (a) The only fiduciary duties that a general partner has to the limited partnership and the other partners are the duties of loyalty and...

Last modified: November 15, 2016