KRS 362.455: Liability for contribution.

(1) A promise by a limited partner to contribute to the limited partnership shall not be

enforceable unless it is set out in a writing signed by or on behalf of, pursuant to a

power of attorney which need not be of record, the limited partner.

(2) Except as provided in the partnership agreement, a partner shall be obligated to the

limited partnership to perform any enforceable promise to contribute cash or

property or to perform services, even if he is unable to perform because of his death

or disability or any other reason. If a partner does not make the required

contribution of property or services, he shall be obligated, at the option of the

limited partnership, to contribute cash equal to that portion of the value, as stated in

the partnership records requir ed to be kept pursuant to KRS 362.409, of the stated

contribution that has not been made.

(3) Unless otherwise provided in the partnership agreement, the obligation of a partner

to make a contribution or return money or other property paid or distributed i n

violation of this section may be compromised only by consent of all the partners.

Notwithstanding the compromise, a creditor of a limited partnership who extends

credit or otherwise acts in reliance upon that obligation after the partner has signed

a writing which reflects the obligation, and before the amendment or cancellation of

the writing to reflect the compromise, may enforce the original obligation.