6 Modifications of general law in case of limited partnerships
Limited Partnerships Act 1907 (1907 c 24) | Legislation

[Application of other laws to limited partnerships]

6  Modifications of general law in case of limited partnerships

(1)ÌýÌýÌýÌý A limited partner shall not take part in the management of the partnership business, and shall not have power to bind the firm:

Provided that a limited partner may by himself or his agent at any time inspect the books of the firm and examine into the state and prospects of the partnership business, and may advise with the partners thereon.

If a limited partner takes part in the management of the partnership business he shall be liable for all debts and obligations of the firm [(including debts and obligations incurred in accordance with section 38 of the Partnership Act 1890)] incurred while he so takes part in the management as though he were a general partner.

[(1A)ÌýÌýÌýÌý Section 6A (private fund limited partnerships: actions by limited partners) makes provision, in respect of limited partners in private fund limited partnerships, supplementing subsection (1).]

[(1A)ÌýÌýÌýÌý Section 6A (actions by limited partners) makes provision supplementing subsection (1).]

(2)ÌýÌýÌýÌý A limited partnership shall not be dissolved by the death or bankruptcy of a limited partner, and the lunacy of a limited

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