{"data":{"id":"us-il/805-ilcs-215-303","jurisdiction":"us-il","citation":"805 ILCS 215/303","heading":"No liability as limited partner for limited partnership obligation.","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":["CHAPTER 805 BUSINESS ORGANIZATIONS","Uniform Limited Partnership Act (2001)."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2625\u0026ChapterID=65\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"0d8e3dfe5166a47b50ba3cdbaee01114233143a411d394ea87590b168ce634df","source_id":"us-il","stale":false,"prev":"us-il/805-ilcs-215-302","next":"us-il/805-ilcs-215-304"},"notice":"GroundRules: Original legal text. Not legal advice."}
