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Maryland · Through 2026-01-01

Md. Code, Corporations and Associations § 10–404

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  1. Article - Corporations and Associations

A general partner 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 and share in profits, losses, and distributions as a limited partner. 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 powers, and is subject to the restrictions, of a limited partner to the extent of his participation in the limited partnership as a limited partner.

Collected 2026-09-14T19:56:43Z. Source file · JSON

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