Missouri § 359.261 - Contributions of a general partner — one person both a general and limited partner.
Full text of Missouri Revised Statutes of Missouri § 359.261 — Contributions of a general partner — one person both a general and limited partner., with citation guidance and answers to common questions.
§ 359.261. Contributions of a general partner — one person both a general and limited partner.
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.
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(L. 1985 H.B. 512 & 650)
Effective 1-01-87
---- end of effective 01 Jan 1987 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 359.261
What does Revised Statutes of Missouri § 359.261 cover?
Section 359.261 ("Contributions of a general partner — one person both a general and limited partner.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. 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 Missouri § 359.261?
A common citation format is "Revised Statutes of Missouri § 359.261" (Missouri). 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 Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 359.261 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri 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 Missouri.