15 Pa.C.S. § 8633: No liability as limited partner for limited partnership obligations.
Where this section sits in the code
- Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
- PART III PARTNERSHIPS AND LIMITED LIABILITY COMPANIES
- CHAPTER 86 LIMITED PARTNERSHIPS
- SUBCHAPTER C LIMITED PARTNERS
A debt, obligation or other liability of a limited partnership is not the debt, obligation or other liability of a limited partner. A limited partner is not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation or other liability of the partnership solely by reason of being or acting as a limited partner, even if the limited partner participates in the management and control of the partnership. This subsection applies regardless of the dissolution, winding up or termination of the partnership.
Collected 2026-09-02T16:31:13Z. Source file · JSON