Liability to third parties.

  1. Law
  2. North Carolina General Statutes
  3. Partnership
  4. Revised Uniform Limited Partnership Act.
  5. Liability to third parties.

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59-303. Liability 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 liable for the obligations of a limited partnership by participating in the management or control of the business of the limited partnership.



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