{"data":{"id":"us-ri/r.i.-gen.-laws-7-13.1-303","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 7-13.1-303","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 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 7 Corporations, Associations, and Partnerships","Chapter 13.1 Uniform Limited Partnership Act","Part 3 Limited Partners"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE7/7-13.1/7-3/7-13.1-303.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:52:34Z","sha256":"cc1d0f119c7d1d553455a9526dc55bb72ebad721a21d306f559be24e8ec52612","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-7-13.1-302","next":"us-ri/r.i.-gen.-laws-7-13.1-304"},"notice":"GroundRules: Original legal text. Not legal advice."}