TITLE 14
CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
9A. Limited Partnerships, 14-9A-1 through 14-9A-130.
ARTICLE 1
LIMITED PARTNERSHIPS FORMED SINCE FEBRUARY 15, 1952
14-9A-24. One person both general and limited partner.
-
A person may be a general partner and a limited partner in the same partnership at the same time.
-
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.
(Ga. L. 1952, p. 375, § 12; Code 1981, §14-9-24; Code 1981, §14-9A-24, as redesignated by Ga. L. 1988, p. 1016, § 1.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 59A Am. Jur. 2d, Partnership,
§
830.
C.J.S.
- 68 C.J.S., Partnership,
§
566.
U.L.A.
- Uniform Limited Partnership Act (U.L.A.)
§
12.