Statute · New York Partnership Law
N.Y. P'ship Law § 101 — One person both general and limited partner
N.Y. P'ship Law § 101
- Type
- Statute
- Source
- New York Partnership Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 101. One person both general and limited partner. (1) A person may be a general partner and a limited partner in the same partnership at the same time.
Citator
N.Y. P'ship Law § 101 — One person both general and limited partner is in force in the current edition of the Code, and nothing recorded condemns it.
§ 101. One person both general and limited partner. (1) A person may be a general partner and a limited partner in the same partnership at the same time.
(2) A person who is a general, and also at the same time a limited partner, shall have all the rights and powers and be subject to all the restrictions of a general partner; except that, in respect to his contributions, he shall have the rights against the other members which he would have had if he were not also a general partner.