O.C.G.A.
14-9A-40 (2019)
Character of limited partner’s contribution
✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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The contributions of a limited partner may be cash or other property but not services.
History
(Ga. L. 1952, p. 375, § 4; Code 1981, § 14-9-40; Code 1981, § 14-9A-40, as redesignated by Ga. L. 1988, p. 1016, § 1.)
Annotations
RESEARCH REFERENCES C.J.S. - 68 C.J.S., Partnership, § 568. U.L.A. - Uniform Limited Partnership Act (U.L.A.) § 4.
Notes of Decisions
Cited in 1
case, 2001–2001 · leading case: Canadyne-Georgia Corp. v. Bank of Am., N.A., 174 F. Supp. 2d 1337 (M.D. Ga. 2001).
Canadyne-Georgia Corp. v. Bank of Am., N.A., 174 F. Supp. 2d 1337 (M.D. Ga. 2001). “§ 14-9A-20(a)(l)(F) (1994) (discussing formation of limited partnership and noting that certificate should state "[t]he amount of cash and a description and the agreed value of the other property contributed by each limited partner”), O.C.G.A. § 14-9A-40 (1994) (discussing…”
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