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Kentucky Revised Statutes · § 362.2-113 — Dual capacity

362.2-113. Dual capacity

A person may be both a general partner and a limited partner. A person that is both a general and limited partner has the rights, powers, duties, and obligations provided by this subchapter and the partnership agreement in each of those capacities. When the person acts as a general partner, the person is subject to the obligations and restrictions under this subchapter and the partnership agreement for general partners. When the person acts as a limited partner, the person is subject to the obligations and restrictions under this subchapter and the partnership agreement for limited partners.

Source notes

Effective: July 12, 2006

History and annotations

Created 2006 Ky. Acts ch. 149, sec. 92, effective July 12, 2006.

Official source for this version

Source captured 2026-09-25. Open the official source.

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