{"data":{"id":"us-ia/iowa-code-488.303","jurisdiction":"us-ia","citation":"Iowa Code § 488.303","heading":"No liability as limited partner for limited partnership obligations.","body":"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.","path":["Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)","Chapter 488 - UNIFORM LIMITED PARTNERSHIP ACT","Article 3 - LIMITED PARTNERS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/488.303.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:12Z","sha256":"0d8e3dfe5166a47b50ba3cdbaee01114233143a411d394ea87590b168ce634df","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-488.302","next":"us-ia/iowa-code-488.304"},"notice":"GroundRules: Original legal text. Not legal advice."}