§ 7-13.1-302. No agency power of limited partner as limited partner. [Effective January 1, 2023.]
(a) A limited partner is not an agent of a limited partnership solely by reason of being a limited partner.
(b) 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.
History of Section.P.L. 2022, ch. 121, § 2, effective January 1, 2023; P.L. 2022, ch. 122, § 2, effective January 1, 2023.
Structure Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-13.1 - Uniform Limited Partnership Act [Effective January 1, 2023.]
Part 3 - Limited Partners [Effective January 1, 2023.]
Section 7-13.1-301. - Becoming limited partner. [Effective January 1, 2023.]
Section 7-13.1-305. - Limited duties of limited partners. [Effective January 1, 2023.]