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2023 CODE OF GEORGIA
Title 14 - CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS (§§ 14-1-101 — 14-11-1109)
Chapter 9 - REVISED UNIFORM LIMITED PARTNERSHIP ACT (§§ 14-9-100 — 14-9-1204)
Article 4 - GENERAL PARTNERS (§§ 14-9-401 — 14-9-405)
Section 14-9-404 - Rights, powers, and liabilities of general partner who is also limited partner
Universal Citation:
GA Code § 14-9-404 (2023)
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A person may be both a general partner and a limited partner in a limited partnership if his interests are separately designated in the partnership agreement. 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 rights and powers and is subject to the restrictions and liabilities, if any, of a limited partner to the extent of his participation in the partnership as a limited partner.
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