GroundRules
Utah Code § 16-19-111: Dual capacity.
Where this section sits in the code
- Title 16 Business Entities
- Chapter 16-19 Utah Uniform Limited Partnership Act
- Part 16-19-1 General Provisions
(1) A person may be both a general partner and a limited partner.
(2) 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.
(3) 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.
(4) 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 2026-10-08T05:55:33Z. Source file · JSON