2010 Georgia Code
TITLE 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
CHAPTER 9A - LIMITED PARTNERSHIPS
ARTICLE 1 - LIMITED PARTNERSHIPS FORMED SINCE FEBRUARY 15, 1952
PART 2 - FORMATION, CANCELLATION, AND AMENDMENT
§ 14-9A-21 - Business which may be carried on; power to acquire property
. Business which may be carried on; power to acquire property
(a) A limited partnership may carry on any business which a partnership without limited partners may carry on, except for banking, insurance, railroad, trust, canal, navigation, express, and telegraph businesses.
(b) A limited partnership may acquire property of any nature and take title thereto in the name of the partnership. The specification of this power shall not be construed to limit any other power which such limited partnership may have.
Graham Syfert - Jacksonville Lawyer