---
title: O.C.G.A. § 14-9-404. Rights, powers, and liabilities of general partner who is also limited partner.
collection: code
id: 14-9-404
cite_as: O.C.G.A. § 14-9-404 (2025)
canonical_url: https://georgiacommons.org/code/14-9-404
md_url: https://georgiacommons.org/code/14-9-404.md
text_url: https://georgiacommons.org/code/14-9-404/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t14-(v12)-2017-pdf.pdf?sfvrsn=507372ea_0#page=1011
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/14-9.md
previous: https://georgiacommons.org/code/14-9-403.md
next: https://georgiacommons.org/code/14-9-405.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS / REVISED UNIFORM LIMITED PARTNERSHIP ACT / GENERAL PARTNERS
---

# O.C.G.A. § 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.

## History

Code 1981, § 14-9-404, enacted by Ga. L. 1988, p. 1016, § 1.