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Kentucky · Snapshot 09/05/2026

KRS 362.2-303: No liability as limited partner for limited partnership.

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Where this section sits in the code

    (1) An obligation of a limited partnership, whether arising in contract, tort, or

    otherwise, is not the obligation of any limited partner. A limited partner is not

    personally liable, directly or indirectly, by way of indemnification, contribution,

    assessment, or otherwise, for an obligation of the limited partnership solely by

    reason of being a limited partner, even if the limited partner participates in the

    management and control of the limited partnership.

    (2) Subsection (1) of this section shall not affect t he liability of a limited partner for his

    or her own negligence, wrongful acts, or misconduct.

    Collected 2026-09-05T20:58:58Z. Source file · JSON

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