{"data":{"id":"us-sd/sdcl-48-7-404","jurisdiction":"us-sd","citation":"SDCL § 48-7-404","heading":"Contributions by general partner.","body":"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.","path":["TITLE 48. PARTNERSHIPS","CHAPTER 48-7. UNIFORM LIMITED PARTNERSHIP ACT"],"source_url":"https://sdlegislature.gov/Statutes/48-7-404","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"627dda34defead50e8991fbf1356e1179484cf9e568f07a8a32b378ddbf7b75e","source_id":"us-sd","stale":false,"prev":"us-sd/sdcl-48-7-403","next":"us-sd/sdcl-48-7-405"},"notice":"GroundRules: Original legal text. Not legal advice."}
