{"data":{"id":"us-ut/utah-code-16-19-303","jurisdiction":"us-ut","citation":"Utah Code § 16-19-303","heading":"No liability as limited partner for limited partnership obligations.","body":"(1)\n(a) A debt, obligation, or other liability of a limited partnership is not the debt, obligation, or other liability of a limited partner.\n(b) 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.\n(2) The failure of a limited partnership to observe formalities relating to the exercise of the limited partnership's powers or management of the limited partnership's activities and affairs is not a ground for imposing liability on a limited partner for a debt, obligation, or other liability of the limited partnership.","path":["Title 16 Business Entities","Chapter 16-19 Utah Uniform Limited Partnership Act","Part 16-19-3 Limited Partners"],"source_url":"https://le.utah.gov/xcode/Title16/Chapter19/16-19-S303.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-10-08T05:55:33Z","sha256":"fabda88e4d8aceda2dbab846e28814c8a5749cf257fd339b48f0aa5dc9b22fb3","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-16-19-302","next":"us-ut/utah-code-16-19-304"},"notice":"GroundRules: Original legal text. Not legal advice."}