{"data":{"id":"us-ut/utah-code-48-2e-303","jurisdiction":"us-ut","citation":"Utah Code § 48-2e-303","heading":"No liability as limited partner for limited partnership obligations.","body":"(1) 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 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 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 limited partnership.","path":["Title 48 Unincorporated Business Entity Act","Chapter 48-2e Utah Uniform Limited Partnership Act","Part 48-2e-3 Limited Partners"],"source_url":"https://le.utah.gov/xcode/Title48/Chapter2e/48-2e-S303.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"5fb6badba2090cb44b5d98cd675e5a812c55cf2caaac68fbf55f3f123cfcfba6","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-48-2e-302","next":"us-ut/utah-code-48-2e-304"},"notice":"GroundRules: Original legal text. Not legal advice."}