2005 Minnesota Statutes

     321.0113 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 
 chapter 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 chapter 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 chapter and the partnership agreement for limited partners. 

    HIST: 2004 c 199 art 1 s 13