[§425E-305]  Limited duties of
limited partners.  (a)  A limited partner shall not have any
fiduciary duty to the limited partnership or to any other partner solely by
reason of being a limited partner.



(b)  A limited partner shall discharge the
duties to the partnership and the other partners under this chapter or under
the partnership agreement and exercise any rights consistently with the
obligation of good faith and fair dealing.



(c)  A limited partner does not violate a duty
or obligation under this chapter or under the partnership agreement merely
because the limited partner's conduct furthers the limited partner's own
interest. [L 2003, c 210, pt of §1]