O.C.G.A. § 14-9-404: Rights, powers, and liabilities of general partner who is also limited partner.
Where this section sits in the code
- TITLE 14 Corporations, Partnerships, and Associations
- CHAPTER 9 Revised Uniform Limited Partnership Act
- Article 4 General Partners
A person may be both a general partner and a limited partner in a limited partnership if his interests are separately designated in the partnership agreement. A person who is both a general partner and a limited partner has the rights and powers and is subject to the restrictions and liabilities of a general partner and, except as provided in the partnership agreement, also has the rights and powers and is subject to the restrictions and liabilities, if any, of a limited partner to the extent of his participation in the partnership as a limited partner.
Collected 2026-09-17T19:34:57Z. Source file · JSON