{"data":{"id":"us-ky/krs-362.2-303","jurisdiction":"us-ky","citation":"KRS 362.2-303","heading":"No liability as limited partner for limited partnership.","body":"(1) An obligation of a limited partnership, whether arising in contract, tort, or\notherwise, is not the obligation of any limited partner. A limited partner is not\npersonally liable, directly or indirectly, by way of indemnification, contribution,\nassessment, or otherwise, for an obligation of the limited partnership solely by\nreason of being a limited partner, even if the limited partner participates in the\nmanagement and control of the limited partnership.\n(2) Subsection (1) of this section shall not affect t he liability of a limited partner for his\nor her own negligence, wrongful acts, or misconduct.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=34579","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:58Z","sha256":"62bb3d45775962ff899dd5a16083ec0fbeb7fa374faba53ac40077971d47f1f9","source_id":"us-ky","stale":false,"prev":"us-ky/krs-362.2-302","next":"us-ky/krs-362.2-304"},"notice":"GroundRules: Original legal text. Not legal advice."}