(402) General partner agent of limited partnership
N.D. Cent. Code § 45-10.2-38
in effect45-10.2-38. (402) General partner agent of limited partnership
1. Each general partner is an agent of the limited partnership for the purposes of its
activities. An act of a general partner, including the signing of a record in the name of
the partnership, for apparently carrying on in the ordinary course the activities of the
limited partnership or activities of the kind carried on by the limited partnership binds
the limited partnership, unless the general partner did not have authority to act for the
limited partnership in the particular matter and the person with which the general
partner was dealing knew, had received a notification, or had notice under
subsection 4 of section 45-10.2-06 that the general partner lacked authority.
2. An act of a general partner which is not apparently for carrying on in the ordinary
course the activities of the limited partnership or activities of the kind carried on by the
limited partnership binds the limited partnership only if the act was actually authorized
by all of the other partners.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t45c10-2.pdf#nameddest=45-10p2-38Fetched: 10/16/2026