35-12-512. Powers. A limited partnership has the power 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.
History: En. Sec. 8, Ch. 216, L. 2011.
Structure Montana Code Annotated
Title 35. Corporations, Partnerships, and Associations
Chapter 12. Limited Partnerships
35-12-502. Construction and application
35-12-506. Reservation of name
35-12-508. Required information
35-12-509. Nature, purpose, and duration of entity
35-12-510. Business transactions of partner with the partnership
35-12-511. Knowledge and notice
35-12-514. Supplemental principles of law -- rate of interest
35-12-515. Effect of partnership agreement -- nonwaivable provisions
35-12-516. Consent and proxies of partners
35-12-517. through 35-12-520 reserved