If you are a general partner in a limited partnership, you have to make sure things get done when this Act says they should be. This means you are responsible for ensuring that the requirements of this Act are met. You must do this even if there are other general partners, as each of you is responsible for making sure things are done.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1139172.
28: Limitations on general partner’s liability, or
"General partners only pay debts if the partnership runs out of money"
30: Liability of limited partner who takes part in management of limited partnership, or
"What happens if a limited partner helps manage the business and it gets into debt"
In any case where this Act requires something to be done by the general partner or (if there is more than 1) the general partners, each general partner is responsible for ensuring that it is done.
