N.C. Gen. Stat. § 59-303

Liability to third parties.

Last amended: 1999Year: 2026Length: 52 wordsOfficial source
§ 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.
N.C. Gen. Stat. § 59-303: Liability to third parties. | Justis AI