Maryland Statutes

§ 9A-306

Maryland·Article gca Corporations and Associations·Title 9A
(a)Except as otherwise provided in subsections (b) and (c) of this section, all partners are liable jointly and severally for all obligations of the partnership unless otherwise agreed by the claimant or provided by law.
(b)A person admitted as a partner into an existing partnership shall have the immunity from liability described under § 5–420 of the Courts and Judicial Proceedings Article.
(c)Subject to the provisions of subsection (d) of this section, a partner of a limited liability partnership is not liable or accountable, directly or indirectly, including by way of indemnification, contribution, or otherwise, for any debts, obligations, or liabilities of or chargeable to the partnership or another partner, whether arising in tort, contract, or otherwise, which a

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Nearby Sections

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§ 9A-1001
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