{"data":{"id":"us-ny/n.y.-partnership-law-121-404","jurisdiction":"us-ny","citation":"N.Y. Partnership Law § 121-404","heading":"Contributions by a general partner","body":"§ 121-404. Contributions by a general partner. A general partner of a\nlimited partnership shall make contributions to the limited partnership\nand share in the profits and losses of, and in distributions from, the\nlimited partnership as a general partner. A person who is a general\npartner also may make contributions and share in profits, losses, and\ndistributions as a limited partner. A person who is both a general\npartner and a limited partner has the rights and powers, and is subject\nto the restrictions and liabilities, of a general partner and, except as\nprovided in the partnership agreement, also has the rights and powers,\nand is subject to the restrictions, of a limited partner to the extent\nof his participation in the partnership as a limited partner.","path":["Partnership Law","Article 8-A. Revised Limited Partnership Act"],"source_url":"https://legislation.nysenate.gov/api/3/laws/PTR/121-404","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"885f1ceb3ce4fba2fae58521baf1dc8f0fc99b2813a128c3baf31fc2bcdc303b","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-partnership-law-121-403","next":"us-ny/n.y.-partnership-law-121-405"},"notice":"GroundRules: Original legal text. Not legal advice."}