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2022 Minnesota Statutes
Chapters 300 - 323A — Business, Social, And Charitable Organizations
Chapter 322 — 1919 Uniform Limited Partnership Act
Section 322.12 — One Person Both General And Limited Partner.
Universal Citation: MN Stat § 322.12 (2022)
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.
History:(7364) 1919 c 498 s 12; 1986 c 444
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