No Liability As Limited Partner For Limited Partnership Obligations

Mont. Code Ann. § 35-12-703, under Limited Partners.

Mont. Code Ann. § 35-12-703

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 a 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.