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Virginia · Through 9/4/2026 · Newer source version available

Va. Code § 50-73.30: Contributions by general partner

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Where this section sits in the code
  1. Title 50. PARTNERSHIPS
  2. Chapter 2.1. VIRGINIA REVISED UNIFORM LIMITED PARTNERSHIP ACT
  3. Article 4. GENERAL PARTNERS

A general partner of a limited partnership may make contributions to the 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 partnership as a limited partner.1985, c. 607.

Collected 2026-09-04T15:16:59Z. Source file · JSON

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