No right or power as limited partner to bind limited partnership

805 ILCS 215/302, under Limited Partners.

805 ILCS 215/302

(805 ILCS 215/302)

    Sec. 302. No right or power as limited partner to bind limited partnership. A limited partner does not have the right or the power as a limited partner to act for or bind the limited partnership.

(Source: P.A. 93-967, eff. 1-1-05.)