KRS 362.449: Contributions by general partner.
Where this section sits in the code
- KRS Chapter 362
A general partner of a limited partnership may make contributions to the limited
partnership and share in the profits and losses of, and in distributions from, the limited
partnership as a general partner. A general partner also may make contributions to t he
limited partnership, and share in the profits and losses of, and distributions from, the
limited partnership, as a limited partner. A person who is both a general partner and a
limited partner shall have all of the rights and powers, and shall be subjec t to all of the
restrictions and liabilities of a general partner, and, except as provided in the partnership
agreement, also shall have all of the powers, and shall be subject to all of the restrictions,
of a limited partner to the extent of his participa tion in the partnership as a limited
partner.
Collected 2026-09-05T20:58:55Z. Source file · JSON