Fla. Stat. § 620.1113

Current through Chapter 226 of the 2024 Legislative Session
Section 620.1113 - 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 this act 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 act 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 act and the partnership agreement for limited partners.

Fla. Stat. § 620.1113

s.17, ch. 2005-267.