State Codes and Statutes

Statutes > Nevada > Title-7 > Chapter-87a > General-provisions > 87a-210

87A.210  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 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.

      (Added to NRS by 2007, 445)