South Australian Current Acts South Australian Current Acts51—Incorporated limited partnership is separate legal entity
(1) An
incorporated limited partnership—
(a) is a
body corporate with legal personality separate from that of the partners in it
and with perpetual succession; and
(b) may
have a common seal; and
(c) may
sue and be sued in its firm-name.
(2) The common seal of
an incorporated limited partnership must be kept in such custody as the
partnership directs and must not be used except as authorised by it.