General Partner

One of at least two partners of a business who has control of the day-to-day operations of the business. His actions are binding by all of the other partners. The general partner incurs personal liability for any debts that are accumulated by the business.

« Back to Glossary Index
No Comments

Sorry, the comment form is closed at this time.

Upcoming LCR Webinars:

US Immigration Trends

April 22, 10AM EST | 7:30PM IST | 7AM PDT

To Register, click on the available time slot above.