A limited partner is not liable for the obligations of a limited partnership by reason of being a limited partner and does not become so by participating in the management or control of the business.
Mo. Rev. Stat. § 359.201
Liability of limited partners to third parties
Known as the Missouri Revised Uniform Limited Partnership Act
The act spans §§ 359–359 (71 sections).
Effective: 24 Jun 1997, see footnote; (L. 1985 H.B. 512 & 650, A.L. 1990 H.B. 1432, A.L. 1997 H.B. 655 merged with S.B. 170)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.