N.Y. Partnership Law § 121-404: Contributions by a general partner

§ 121-404. Contributions by a general partner. A general partner of a

limited partnership shall 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 person who is a general

partner also may make contributions 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 rights and powers,

and is subject to the restrictions, of a limited partner to the extent

of his participation in the partnership as a limited partner.