NRS 87A.330 No liability as limited partner for limited partnership obligations.
78 words·~1 min read·
/nv/chapter-87a-uniform-limited-partnership-act-2001/87a-330·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 87A.330 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.