2005 Minnesota Statutes - 322.12 — One person both general and limited partner.

     322.12 One person both general and limited partner.  


    A person may be a general and a limited partner in the same 
 partnership at the same time.  


    A person who is a general, and also at the same time 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 contribution, the person shall have the 
 rights against the other members as if the person were not also 
 a general partner.  


    HIST: (7364) 1919 c 498 s 12; 1986 c 444