Or. Rev. Stat. § 70.190
Rights and powers of general partner as general and limited partner
Oregon · Oregon Revised Statutes Chapter 70 — Limited Partnerships · Status: effective
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- Citation
- Or. Rev. Stat. § 70.190, Rights and powers of general partner as general and limited partner, Oregon, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2454445
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Full text
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 the 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 the person’s participation in the partnership as a limited partner.