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.
Structure Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 14 - Mississippi Uniform Limited Partnership Act
Article 1 - General Provisions
§ 79-14-103. Knowledge; notice
§ 79-14-105. Partnership agreement; scope, function, and limitations
§ 79-14-108. Required information
§ 79-14-110. Nature, purpose, and duration of limited partnership
§ 79-14-112. Application to existing relationships
§ 79-14-113. Supplemental principles of law
§ 79-14-115. Reservation of name