GroundRules
Minn. Stat. § 321.0303: NO LIABILITY AS LIMITED PARTNER FOR LIMITED PARTNERSHIP OBLIGATIONS.
Where this section sits in the code
- BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
- CHAPTER 321. UNIFORM LIMITED PARTNERSHIP ACT 2001
- ARTICLE 3 LIMITED PARTNERS
An obligation of a limited partnership, whether arising in contract, tort, or otherwise, is not the obligation of a limited partner. A limited partner is not personally liable, directly or indirectly, by way of contribution 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.
Collected 2026-09-02T22:10:42Z. Source file · JSON