Liability of limited partners to third parties.

  1. Law
  2. Missouri Revised Statutes
  3. Corporations, Associations and Partnerships
  4. Uniform Limited Partnership Law
  5. Liability of limited partners to third parties.

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Effective - 24 Jun 1997

359.201. Liability of limited partners to third parties. — A limited partner is not liable for the obligations of a limited partnership by reason of being a limited partner and does not become so by participating in the management or control of the business.

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(L. 1985 H.B. 512 & 650, A.L. 1990 H.B. 1432, A.L. 1997 H.B. 655 merged with S.B. 170)

Effective 6-24-97 (H.B. 655); 5-20-97 (S.B. 170)


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