NO AGENCY POWER OF LIMITED PARTNER AS LIMITED PARTNER.

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30-24-302. NO AGENCY POWER OF LIMITED PARTNER AS LIMITED PARTNER. (1) A limited partner is not an agent of a limited partnership solely by reason of being a limited partner.

(2) A person’s status as a limited partner does not prevent or restrict law other than this chapter from imposing liability on a limited partnership because of the person’s conduct.

History:

[30-24-302, added 2015, ch. 243, sec. 35, p. 847.]


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