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

N.D. Cent. Code § 45-10.2-41: (405) Actions by and against partnership and partners

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

1.To the extent not inconsistent with section 45-10.2-40, a general partner may be joined in an action against the limited partnership or named in a separate action.

2.A judgment against a limited partnership is not by itself a judgment against a general partner. A judgment against a limited partnership may not be satisfied from assets of a general partner unless there is also a judgment against the general partner.

3.A judgment creditor of a general partner may not levy execution against the assets of the general partner to satisfy a judgment based on a claim against the limited partnership, unless the partner is personally liable for the claim under section 45-10.2-40, and:

a.A judgment based on the same claim has been obtained against the limited partnership and a writ of execution on the judgment has been returned unsatisfied in whole or in part;

b.The limited partnership is a debtor in bankruptcy;

c.The general partner has agreed that the creditor need not exhaust limited partnership assets;

d.A court grants permission to the judgment creditor to levy execution against the assets of a general partner based on a finding:

(1)That limited partnership assets subject to execution are clearly insufficient to satisfy the judgment;

(2)That exhaustion of limited partnership assets is excessively burdensome; or

(3)That the grant of permission is an appropriate exercise of equitable powers of the court; or

e.Liability is imposed on the general partner by law or contract independent of the existence of the limited partnership.

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

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