§1305. Powers
A limited partnership has the powers to do all things necessary or convenient to carry on its activities, including the power to sue, be sued and defend in its own name and to maintain an action against a partner for harm caused to the limited partnership by a breach of the partnership agreement or violation of a duty to the partnership. [PL 2005, c. 543, Pt. C, §2 (NEW).]
SECTION HISTORY
PL 2005, c. 543, §C2 (NEW).
Structure Maine Revised Statutes
TITLE 31: PARTNERSHIPS AND ASSOCIATIONS
Chapter 19: UNIFORM LIMITED PARTNERSHIP ACT
Subchapter 1: GENERAL PROVISIONS
31 §1303. Knowledge and notice
31 §1304. Nature, purpose and duration of entity
31 §1307. Supplemental principles of law; rate of interest
31 §1308. Limited partnership name; assumed name
31 §1309. Reserved name; registered name of foreign limited partnership
31 §1310. Effect of partnership agreement; nonwaivable provisions
31 §1311. Required information
31 §1312. Business transactions of partner with partnership
31 §1314. Registered office; registered agent (REPEALED)
31 §1314-A. Registered agent of domestic or foreign limited partnership
31 §1315. Change of registered office or registered agent (REPEALED)
31 §1316. Resignation of registered agent (REPEALED)
31 §1317. Service of process (REPEALED)
31 §1317-A. Service of process on domestic or foreign limited partnership