Oregon Revised Statutes Chapter 70 § 70.190 — Rights
Oregon Revised Statutes Chapter 70 ·
Oregon Code § 70.190·Enacted ·Last updated March 01, 2026
Statute Text
Rights
and powers of general partner as general and limited partner.
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 persons
participation in the partnership as a limited partner. [1985 c.677 §26]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 70.190
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Rights
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