GroundRules
D.C. Code § 29-701.12: Dual capacity.
Where this section sits in the code
- Title 29. Business Organizations. [Enacted title]
- Chapter 7. Limited Partnerships.
- Subchapter I. General Provisions.
A person may be both a general partner and a limited partner. A person that is both a general and limited partner shall have the rights, powers, duties, and obligations provided by this chapter and the partnership agreement in each of those capacities. When the person acts as a general partner, the person shall be subject to the obligations, duties, and restrictions under this chapter and the partnership agreement for general partners. When the person acts as a limited partner, the person shall be subject to the obligations, duties, and restrictions under this chapter and the partnership agreement for limited partners.
Collected 2026-08-29T05:44:07Z. Source file · JSON