Georgia § 14-9-404 - Rights, powers, and liabilities of general partner who is also limited partner.
Full text of Georgia Official Code of Georgia Annotated § 14-9-404 — Rights, powers, and liabilities of general partner who is also limited partner., with citation guidance and answers to common questions.
§ 14-9-404. Rights, powers, and liabilities of general partner who is also limited partner.
A person may be both a general partner and a limited partner in a limited partnership if his interests are separately designated in the partnership agreement. 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 rights and powers and is subject to the restrictions and liabilities, if any, of a limited partner to the extent of his participation in the partnership as a limited partner. (Code 1981, § 14-9-404 , enacted by Ga. L. 1988, p. 1016, § 1.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 14-9-404
What does Official Code of Georgia Annotated § 14-9-404 cover?
Section 14-9-404 ("Rights, powers, and liabilities of general partner who is also limited partner.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 14-9-404?
A common citation format is "Official Code of Georgia Annotated § 14-9-404" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 14-9-404 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.