1995 Alaska Statutes
TITLE 32 PARTNERSHIP
Chapter 32.11. UNIFORM LIMITED PARTNERSHIP ACT
Article 03 GENERAL PARTNERS
Sec. 32.11.180. CONTRIBUTIONS BY GENERAL PARTNER; PERSON BOTH LIMITED AND 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 the person's participation in the partnership as a limited partner.

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