Oklahoma Statutes
§ 54-500-113A — Dual capacity.
Oklahoma·Title 54 Partnership
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 the Uniform Limited Partnership Act of 2010 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 the Uniform Limited Partnership Act of 2010 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 the Uniform Limited Partnership Act of 2010 and the partnership agreement for limited partners.
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Oklahoma § 54-500-113A (Dual capacity.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Laws 2010, c. 384, § 13, eff. Jan. 1, 2011.
Nearby Sections
15
§ 54-1
Repealed§ 54-1-100
Short title.§ 54-1-1002
Name.§ 54-1-101
Definitions.§ 54-1-102
Knowledge and Notice.§ 54-1-104
Supplemental Principles of Law.§ 54-1-106
Governing Law.§ 54-1-1102
Statement Of Foreign Qualification.§ 54-1-1103
Effect Of Failure To Qualify.