{"data":{"id":"us-ia/iowa-code-488.113","jurisdiction":"us-ia","citation":"Iowa Code § 488.113","heading":"Dual capacity.","body":"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.","path":["Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)","Chapter 488 - UNIFORM LIMITED PARTNERSHIP ACT","Article 1 - GENERAL PROVISIONS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/488.113.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:12Z","sha256":"885b52077666790653027739b9a780221669c2182ec5f8b0b2a3454501edc469","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-488.112","next":"us-ia/iowa-code-488.114"},"notice":"GroundRules: Original legal text. Not legal advice."}
