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Kentucky · Snapshot 09/05/2026

KRS 362.2-305: Limited duties of limited partners.

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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

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