Public-domain · open source
OpenJurist

15 Pa.C.S. § 8632

No agency power of limited partner as limited partner

Known as the Pennsylvania Uniform Limited Partnership Act

The act spans §§ 15-8611 to 15-8695 (62 sections).

(a) General rule.--A limited partner is not an agent of a limited partnership solely by reason of being a limited partner.

(b) Creation of partnership liability.--A person's status as a limited partner does not prevent or restrict law other than this chapter from imposing liability on a limited partnership because of the person's conduct.

Official source: Pennsylvania General Assembly. Reproduced from public-domain Pennsylvania statutes; confirm against the official source for the current text. Not legal advice.