Haw. Rev. Stat. § 425E-113

Current through the 2024 Legislative Session
Section 425E-113 - Dual capacity

A person may be both a general partner and a limited partner. A person that is both a general and limited partner shall have 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 shall be 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 shall be subject to the obligations, duties, and restrictions under this chapter and the partnership agreement for limited partners.

HRS § 425E-113

L 2003, c 210 , pt of §1 .