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North Carolina General Statutes Chapter 59. Partnership § 59-303. Liability to third parties

Current as of January 01, 2023 | Updated by Findlaw Staff

A limited partner is not liable for the obligations of a limited partnership by reason of being a limited partner and does not become liable for the obligations of a limited partnership by participating in the management or control of the business of the limited partnership.

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Cite this article: FindLaw.com - North Carolina General Statutes Chapter 59. Partnership § 59-303. Liability to third parties - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-59-partnership/nc-gen-st-sect-59-303/

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