§ 7-13.1-109. Dual capacity. [Effective January 1, 2023.]
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.
History of Section.P.L. 2022, ch. 121, § 2, effective January 1, 2023; P.L. 2022, ch. 122, § 2, effective January 1, 2023.
Structure Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-13.1 - Uniform Limited Partnership Act [Effective January 1, 2023.]
Part 1 - General Provisions [Effective January 1, 2023.]
Section 7-13.1-101. - Short title. [Effective January 1, 2023.]
Section 7-13.1-102. - Definitions. [Effective January 1, 2023.]
Section 7-13.1-103. - Knowledge; Notice. [Effective January 1, 2023.]
Section 7-13.1-104. - Governing law. [Effective January 1, 2023.]
Section 7-13.1-108. - Required information. [Effective January 1, 2023.]
Section 7-13.1-109. - Dual capacity. [Effective January 1, 2023.]
Section 7-13.1-111. - Powers. [Effective January 1, 2023.]
Section 7-13.1-113. - Supplemental principles of law. [Effective January 1, 2023.]
Section 7-13.1-114. - Permitted names. [Effective January 1, 2023.]
Section 7-13.1-114.1. - Fictitious business name. [Effective January 1, 2023.]
Section 7-13.1-115. - Reservation of name. [Effective January 1, 2023.]
Section 7-13.1-116. - Registration of name. [Effective January 1, 2023.]
Section 7-13.1-117. - Registered agent. [Effective January 1, 2023.]
Section 7-13.1-119. - Resignation of registered agent. [Effective January 1, 2023.]
Section 7-13.1-120. - Change of name or address by registered agent. [Effective January 1, 2023.]
Section 7-13.1-121. - Service of process, notice, or demand. [Effective January 1, 2023.]
Section 7-13.1-122. - Delivery of record. [Effective January 1, 2023.]
Section 7-13.1-124. - Reservation of power to amend or repeal. [Effective January 1, 2023.]