United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 31, § 1305: Powers, 2005

A limited partnership may do necessary or convenient acts to carry on its activities, including suing, being sued, defending itself, and bringing actions against a partner for harm caused by breach of the partnership…

limited partnership powers

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Official source

01

Purpose and legislative effect

“A limited partnership may do necessary or convenient acts to carry on its activities, including suing, being sued, defending itself, and bringing actions against a partner for harm caused by breach of the partnership agreement or a duty to the partnership.”

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    Enacted 2005 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Powers

A limited partnership may do necessary or convenient acts to carry on its activities, including suing, being sued, defending itself, and bringing actions against a partner for harm caused by breach of the partnership agreement or a duty to the partnership.

Section 1305

04

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Source record from legislature.maine.gov · Enacted 2005 · Source version 1 Oct 2025

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Showing 1 of 1 provisions

Provision
§ 1305PowersProvision

A limited partnership may do necessary or convenient acts to carry on its activities, including suing, being sued, defending itself, and bringing actions against a partner for harm caused by breach of the partnership agreement or a duty to the partnership.

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 1305Verify source

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  • 1 Oct 2025 · currentEnglish

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