Okla. Stat. tit. 54, § 54-500-113A
This is the official text of Okla. Stat. tit. 54, § 54-500-113A, part of Oklahoma’s Stat. tit. 54, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 54,." Browse the sections below, each linked to its official government source.
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Dual capacity
Official statutory text
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
Oklahoma Statutes - Title 54. Partnership Page 88
restrictions under the Uniform Limited Partnership Act of 2010 and
the partnership agreement for limited partners.
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
Oklahoma Statutes - Title 54. Partnership Page 88
restrictions under the Uniform Limited Partnership Act of 2010 and
the partnership agreement for limited partners.
Status: in_force · Read it on the official government site
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