Massachusetts Statutes

§ 15 — Joint and several liability of partners

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XV REGULATION OF TRADE·Ch. 108A PARTNERSHIPS

Section 15.

(1)Except as provided in paragraph (2), all partners are liable:
(a)Jointly and severally for everything chargeable to the partnership under sections thirteen and fourteen.
(b)Jointly for all other debts and obligations of the partnership; but any partner may enter into a separate obligation to perform a partnership contract.
(2)Subject to the provisions of paragraph (3), a partner in a registered limited liability partnership shall not be personally liable directly or indirectly, including, without limitation, by way of indemnification, contribution, assessment or otherwise, for debts, obligations and liabilities of or chargeable to such partnership, whether in tort, contract or otherwise arising while the partnership is a registered limited liability partnership.
(3)Paragrap

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