Minnesota § 322.12 - ONE PERSON BOTH GENERAL AND LIMITED PARTNER

Full text of Minnesota Minnesota Statutes § 322.12 — ONE PERSON BOTH GENERAL AND LIMITED PARTNER, with citation guidance and answers to common questions.

§ 322.12. ONE PERSON BOTH GENERAL AND LIMITED PARTNER

A person may be a general and a limited partner in the same partnership at the same time.

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 contribution, the person shall have the rights against the other members as if the person were not also a general partner.

History:

(7364) 1919 c 498 s 12; 1986 c 444

Official Publication of the State of Minnesota
Revisor of Statutes

Source: official Minnesota text · Last verified 2026-08-27

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Frequently Asked Questions About Minnesota § 322.12

What does Minnesota Statutes § 322.12 cover?

Section 322.12 ("ONE PERSON BOTH GENERAL AND LIMITED PARTNER") is part of the Minnesota Statutes, the codified statutory law of Minnesota. 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 Minnesota § 322.12?

A common citation format is "Minnesota Statutes § 322.12" (Minnesota). 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 Minnesota law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.

How does Minnesota § 322.12 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota 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 Minnesota.