(a) A person may be a general partner and a limited partner in the same partnership at the same time.
(b) A person who is at the same time both a general and a limited partner shall have all the rights and powers and be subject to all the restrictions of a general partner, except that, in respect to his contributions, he shall have the rights against the other members which he would have had as a limited partner if he were not also a general partner.
Section: Previous 14-9a-20 14-9a-21 14-9a-22 14-9a-23 14-9a-24 14-9a-25 14-9a-26 14-9a-27 NextLast modified: October 14, 2016