KRS 362.2-404: General partner's liability.

(1) Except as otherwise provided in subsections (2) and (3) of this section, all general

partners are liable jointly and severally for all obligations of the limited partnership

unless otherwise agreed by the claimant or provided by law.

(2) A person admitted as a general partner into an existing limited partnership is not

personally liable for any limited partnership obligation incurred before the person's

admission as a general partner.

(3) An obligation of a limited partnership arising out of or related to c ircumstances or

events occurring or incurred while the limited partnership is a limited liability

limited partnership, whether arising in contract, tort, or otherwise, is solely the

obligation of the limited partnership. A general partner is not personally liable,

directly or indirectly, by way of indemnification, contribution, assessment, or

otherwise, for such an obligation solely by reason of being or acting as a general

partner. This subsection applies despite anything inconsistent in the partnership

agreement that existed immediately before the consent required to become a limited

liability limited partnership under KRS 362.2-406(2)(b).

(4) Subsection (3) of this section shall not affect the liability of a general partner for his

or her own negligence, wrongful acts, or misconduct.