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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 321.0113: DUAL CAPACITY.

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Where this section sits in the code
  1. BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
  2. CHAPTER 321. UNIFORM LIMITED PARTNERSHIP ACT 2001
  3. ARTICLE 1 GENERAL PROVISIONS

A person may be both a general partner and a limited partner. A person that is both a general and limited partner has 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 is 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 is subject to the obligations, duties and restrictions under this chapter and the partnership agreement for limited partners.

Collected 2026-09-02T22:10:42Z. Source file · JSON

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