No liability as limited partner for limited partnership obligations.

NRS 87A.330, under UNIFORM LIMITED PARTNERSHIP ACT (2001).

NRS 87A.330

NRS 87A.330 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. (Added to NRS by 2007, 455)