§425E-113 - Dual capacity. - Hawaii Statutes

     [§425E-113]  Dual capacity.  A person may be both a general partner and a limited partner.  A person that is both a general and limited partner shall have the rights, powers, duties, and obligations provided by this chapter and the partnership agreement in each of those capacities.  When the person acts as a general partner, the person shall be subject to the obligations, duties, and restrictions under this chapter and the partnership agreement for general partners.  When the person acts as a limited partner, the person shall be subject to the obligations, duties, and restrictions under this chapter and the partnership agreement for limited partners. [L 2003, c 210, pt of §1]