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The 2022 Florida Statutes (including 2022 Special Session A and 2023 Special Session B)

Title XXXVI BUSINESS ORGANIZATIONS Chapter 620 PARTNERSHIP LAWS View Entire Chapter 620.1303 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. History.—s. 17, ch. 2005-267.