Nevada Statutes
§ 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.
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Nevada § 87A.330 (No liability as limited partner for limited partnership obligations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Added to NRS by 2007, 455 )
Nearby Sections
15
§ 87A.005
Short title§ 87A.010
Definitions§ 87A.020
“Contribution” defined§ 87A.025
“Debtor in bankruptcy” defined§ 87A.030
“Designated office” defined§ 87A.035
“Distribution” defined§ 87A.050
“General partner” defined§ 87A.055
“Limited partner” defined§ 87A.060
“Limited partnership” defined§ 87A.065
“Partner” defined§ 87A.070
“Partnership agreement” defined§ 87A.075
“Person” defined