Revised Laws of Saint Lucia (2021)

69.   Rights, powers and liabilities of an international general partner

An international general partner of an international limited partnership shall have all the rights and powers and be subject to all the restrictions and liabilities of an international general partner in an international general partnership, except that without the written consent or ratification of the specific act by all the international limited partners an international general partner or all the international general partners have no authority to do any one or more of the following —

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    (a)     do any act in contravention of the articles;

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    (b)     do any act which would make it impossible to carry on the ordinary business of the international limited partnership;

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    (c)     enter a judgment against the international limited partnership;

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    (d)     possess international limited partnership property, or assign their rights in specific international limited partnership property, for any purpose other than a partnership purpose;

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    (e)     admit a person as an international general partner, unless the right so to do is given in the articles;

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    (f)     admit a person as an international limited partner, unless the right so to do is given in the articles; or

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    (g)     continue the business with international limited partnership property on the death, retirement, bankruptcy or incapacity of an international general partner, unless the right so to do is given in the articles.