Mo. Rev. Stat. § 359.261

Current with changes from the 2023 Legislative Session
Section 359.261 - Contributions of a general partner - one person both a general and limited partner

A general partner of a limited partnership may make contributions to the partnership and share in the profits and losses of, and in distributions from, the limited partnership as a general partner. A general partner also may make contributions to and share in profits, losses, and distributions as a limited partner. A person who is both a general partner and a limited partner has the rights and powers, and is subject to the restrictions and liabilities, of a general partner and, except as provided in the partnership agreement, also has the powers, and is subject to the restrictions, of a limited partner to the extent of his participation in the partnership as a limited partner.

§ 359.261, RSMo

L. 1985 H.B. 512 & 650
Effective 1/1/1987