{"data":{"id":"us-ia/iowa-code-486a.306","jurisdiction":"us-ia","citation":"Iowa Code § 486A.306","heading":"Partner’s liability.","body":"1. Except as otherwise provided in subsections 2 and 3, all partners are liable jointly and severally for all obligations of the partnership unless otherwise agreed by the claimant or provided by law.\n2. A person admitted as a partner into an existing partnership is not personally liable for any partnership obligation incurred before the person’s admission as a partner.\n3. An obligation of a partnership incurred while the partnership is a limited liability partnership, whether arising in contract, tort, or otherwise, is solely the obligation of the partnership. A partner is not personally liable, directly or indirectly, by way of contribution or otherwise, for such an obligation solely by reason of being or so acting as a partner. This subsection applies notwithstanding anything inconsistent in the partnership agreement that existed immediately before the vote required to become a limited liability partnership under section 486A.1001, subsection 2.","path":["Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)","Chapter 486A - UNIFORM PARTNERSHIP ACT","Article 3 - RELATIONS OF PARTNERS TO PERSONS DEALING WITH PARTNERSHIP"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/486A.306.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:12Z","sha256":"6b17faa4d727000bd8069160a762e84fffce5c11fc5ebad6066ff52daf27b148","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-486a.305","next":"us-ia/iowa-code-486a.307"},"notice":"GroundRules: Original legal text. Not legal advice."}