GroundRules
← Search the law
Pennsylvania · Through 2026-07-28 (Statute Update stamp, 15 Pa.C.S.)

15 Pa.C.S. § 8632: No agency power of limited partner as limited partner.

Read at publisher ↗
Where this section sits in the code
  1. Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
  2. PART III PARTNERSHIPS AND LIMITED LIABILITY COMPANIES
  3. CHAPTER 86 LIMITED PARTNERSHIPS
  4. SUBCHAPTER C LIMITED PARTNERS

(a) General rule.--A limited partner is not an agent of a limited partnership solely by reason of being a limited partner.

(b) Creation of partnership liability.--A person's status as a limited partner does not prevent or restrict law other than this chapter from imposing liability on a limited partnership because of the person's conduct.

Collected 2026-09-02T16:31:13Z. Source file · JSON

Browse this collection