Fla. Stat. § 620.1303

Current through Chapter 226 of the 2024 Legislative Session
Section 620.1303 - No liability as limited partner for limited partnership obligations

An obligation of a limited partnership, whether arising in contract, tort, or otherwise, is not the obligation of a limited partner. A limited partner is not personally liable, directly or indirectly, by way of contribution or otherwise, for an obligation of the limited partnership solely by reason of being a limited partner, even if the limited partner participates in the management and control of the limited partnership.

Fla. Stat. § 620.1303

s.17, ch. 2005-267.