Minnesota Legislature
Office of the Revisor of Statutes
2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
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.
History: 2004 c 199 art 1 s 13
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.
History: 2004 c 199 art 1 s 13
Official Publication of the State of Minnesota
Revisor of Statutes