{"code":"CORP","codeName":"Corporations Code","section":"15901.13","citation":"Corp. Code, § 15901.13","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 2. PARTNERSHIPS [15800. - 16962.]","url":"https://blackletter.si/corporations-code/title-2"},{"name":"CHAPTER 4.5. Uniform Limited Partnership Act of 2008 [15900. - 15912.07.]","url":"https://blackletter.si/corporations-code/title-2/chapter-4.5"},{"name":"ARTICLE 1. General Provisions [15900. - 15901.17.]","url":"https://blackletter.si/corporations-code/title-2/chapter-4.5/article-1"}],"history":"Added by Stats. 2006, Ch. 495, Sec. 20.   Effective January 1, 2007.   Section operative January 1, 2008, pursuant to Section 15912.04.","effective":"2007-01-01","html":"<p>A person may be both a general partner and a limited partner. A person that is both a general and limited partner has 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 is 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 is subject to the obligations, duties and restrictions under this chapter and the partnership agreement for limited partners.</p>","text":"A person may be both a general partner and a limited partner. A person that is both a general and limited partner has 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 is 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 is subject to the obligations, duties and restrictions under this chapter and the partnership agreement for limited partners.","otherVersions":[],"url":"https://blackletter.si/corporations-code/general-provisions-15901-13","source":"California Legislative Information bulk export (pubinfo)"}