Indiana Statutes
§ 23-16-5-4 — Contributions by general partner
Indiana § 23-16-5-4
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 16LIMITED PARTNERSHIPS
Ch. 5General Partners
This text of Indiana § 23-16-5-4 (Contributions by general partner) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 23-16-5-4 (2026).
Text
(a)A general partner of a limited partnership
may make contributions to the partnership, share in the profits and
losses of the partnership, and share in distributions from the limited
partnership as a general partner. A general partner also may make
contributions and share in profits, losses, and distributions as a limited
partner.
(b)A person who is both a general partner and a limited partner has
the rights and powers of a general partner and is subject to the
restrictions and liabilities of a general partner and, except as provided
in the partnership agreement, also has the powers, and is subject to the
restrictions, of a limited partner to the extent of the person's
participation in the partnership as a limited partner.
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Legislative History
As added by P.L.147-1988, SEC.1.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-16-5-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-16-5-4.