{"data":{"id":"us-id/idaho-code-30-24-303","jurisdiction":"us-id","citation":"Idaho Code § 30-24-303","heading":"NO LIABILITY AS LIMITED PARTNER FOR LIMITED PARTNERSHIP OBLIGATIONS.","body":"(a) 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 limited 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 limited partnership. This subsection applies regardless of the dissolution of the partnership.\n(b) The failure of a limited partnership to observe formalities relating to the exercise of its powers or management of its activities and affairs is not a ground for imposing liability on a limited partner for a debt, obligation, or other liability of the partnership.","path":["TITLE 30 CORPORATIONS","CHAPTER 24 LIMITED PARTNERSHIPS","PART 3 LIMITED PARTNERS"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title30/t30ch24/sect30-24-303/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:18:36Z","sha256":"2b3cf532c7f96947f6587c6f9ca3285aa62cb9524f873ecbb4a1ce8232f52aff","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-30-24-302","next":"us-id/idaho-code-30-24-304"},"notice":"GroundRules: Original legal text. Not legal advice."}