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§ 47-9-25 — West Virginia Law | CourtGPT
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  4. Chapter 47 - Regulation of Trade/
  5. Article 9 - Uniform Limited Partnership Act§47-9-1. Definitions/
  6. § 47-9-25
West Virginia Legal Code

§ 47-9-25

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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.