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Rights, powers, and liabilities of general partner who is also limited partner.

O.C.G.A. § 14-9-404
in effect
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14-9-404. Rights, powers, and liabilities of general partner who is also limited partner. 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. (Code 1981, § 14-9-404, enacted by Ga. L. 1988, p. 1016, § 1.)
Source: Official Code of Georgia (Legislative Counsel's copy via Public.Resource.Org) + acts (legis.ga.gov)URL: https://archive.org/download/gov.ga.ocga.2024/T14%20%28V12%29%202017.txtFetched: 10/24/2026

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