Tenn. Code Ann. § 61-3-108: Dual capacity
Where this section sits in the code
- TN Code
- Title 61
- Chapter 3
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 2026-09-14T18:32:26Z. Source file · JSON