New Jersey § 42:2a-33
Full text of New Jersey New Jersey Statutes § 42:2a-33, with citation guidance and answers to common questions.
§ 42:2a-33.
Contributions by general partner; profits and losses; distributions. 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.
Frequently Asked Questions About New Jersey § 42:2a-33
What does New Jersey Statutes § 42:2a-33 cover?
Section 42:2a-33 is part of the New Jersey Statutes, the codified statutory law of New Jersey. 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 New Jersey § 42:2a-33?
A common citation format is "New Jersey Statutes § 42:2a-33" (New Jersey). 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 New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 42:2a-33 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey 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 New Jersey.