{"data":{"id":"us-ky/krs-362.2-305","jurisdiction":"us-ky","citation":"KRS 362.2-305","heading":"Limited duties of limited partners.","body":"(1) A limited partner does not have any fiduciary duty to the limited partnership or to\nany other partner solely by reason of being a limited partner.\n(2) A limited partner shall discharge the duties to the partnership and the other partners\nunder this subchap ter or under the partnership agreement and exercise any rights\nconsistently with the obligation of good faith and fair dealing.\n(3) A limited partner does not violate a duty or obligation under this subchapter or\nunder the partnership agreement merely beca use the limited partner's conduct\nfurthers the limited partner's own interest.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=34581","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:58Z","sha256":"25a51cb9376ffc08b98b1deab5d9e75f00866f568fb5d6c4261ab0869ca46c7d","source_id":"us-ky","stale":false,"prev":"us-ky/krs-362.2-304","next":"us-ky/krs-362.2-306"},"notice":"GroundRules: Original legal text. Not legal advice."}