KRS 362.2-305: Limited duties of limited partners.
Where this section sits in the code
(1) A limited partner does not have any fiduciary duty to the limited partnership or to
any other partner solely by reason of being a limited partner.
(2) A limited partner shall discharge the duties to the partnership and the other partners
under this subchap ter or under the partnership agreement and exercise any rights
consistently with the obligation of good faith and fair dealing.
(3) A limited partner does not violate a duty or obligation under this subchapter or
under the partnership agreement merely beca use the limited partner's conduct
furthers the limited partner's own interest.
Collected 2026-09-05T20:58:58Z. Source file · JSON