Georgia § 14-9a-24 One person both general and limited partner

Georgia Statutes

§ 14-9a-24 — One person both general and limited partner

Georgia § 14-9a-24

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This text of Georgia § 14-9a-24 (One person both general and limited partner) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 14-9a-24 (2026).

Text

(a)A person may be a general partner and a limited partner in the same partnership at the same time.

(b)A person who is at the same time both a general and a limited partner shall have all the rights and powers and be subject to all the restrictions of a general partner, except that, in respect to his contributions, he shall have the rights against the other members which he would have had as a limited partner if he were not also a general partner.

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(a) A person may be a general partner and a limited partner in the same partnership at the same time. (b) A person who is at the same time both a general and a limited partner shall have all the rights and powers and be subject to all the restrictions of a general partner, except that, in respect to his contributions, he shall have the rights against the other members which he would have had as a limited partner if he were not also a general partner.