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North Dakota · Through 2026-07-31T11:12:02 · Newer source version available

N.D. Cent. Code § 45-10.2-33: (303) No liability as limited partner for limited partnership obligation

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Where this section sits in the code
  1. Title 45 Partnerships
  2. Chapter 45-10.2 Uniform Limited Partnership Act

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 2026-09-02T21:04:14Z. Source file · JSON

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