§ 50-73.30. Contributions by general partner
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.)
Sections: Previous 50-73.23 50-73.24 50-73.25 50-73.26 50-73.27 50-73.28 50-73.29 50-73.30 50-73.31 50-73.32 50-73.33 50-73.34 50-73.35 50-73.36 50-73.37 NextLast modified: April 3, 2009