15 Pa. C.S. § 8619

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 8619 - 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 title and the partnership agreement in each of those capacities. When the person acts as a general partner, the person is subject to the obligations, duties and restrictions under this title and the partnership agreement for general partners. When the person acts as a limited partner, the person is subject to the obligations, duties and restrictions under this title and the partnership agreement for limited partners.

15 Pa.C.S. § 8619

Added by P.L. TBD 2016 No. 170, § 27, eff. 2/19/2017.