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56a-306

Chapter 56a.--KANSAS UNIFORM PARTNERSHIP ACT Article 3.--RELATIONS OF PARTNERS TO PERSONS DEALING WITH PARTNERSHIP

56a-306. Partner's liability.(a) Except as otherwise provided in subsections(b) and (c), all partners are liable jointly and severally for allobligations of the partnership unless otherwise agreed by theclaimant or provided by law.

(b) A person admitted as a partner into an existingpartnership is not personally liable for any partnership obligationincurred before the person's admission as a partner.

(c) An obligation of a partnership incurred while the partnership is alimited liability partnership, whether arising in contract, tort, or otherwise,is solely the obligation of the partnership. A partner is not personallyliable, directly or indirectly, by way of contribution or otherwise, for such apartnership obligation solely by reason of being or so acting as a partner.This subsection applies notwithstanding anything inconsistent in thepartnership agreement that existed immediately before the vote required tobecome a limited liability partnership under subsection (b) of K.S.A. 56a-1001.

History: L. 1998, ch. 93, § 17; Jan. 1, 1999.

State Codes and Statutes

Statutes > Kansas > Chapter56a > Article3 > Statutes_21992

56a-306

Chapter 56a.--KANSAS UNIFORM PARTNERSHIP ACT Article 3.--RELATIONS OF PARTNERS TO PERSONS DEALING WITH PARTNERSHIP

56a-306. Partner's liability.(a) Except as otherwise provided in subsections(b) and (c), all partners are liable jointly and severally for allobligations of the partnership unless otherwise agreed by theclaimant or provided by law.

(b) A person admitted as a partner into an existingpartnership is not personally liable for any partnership obligationincurred before the person's admission as a partner.

(c) An obligation of a partnership incurred while the partnership is alimited liability partnership, whether arising in contract, tort, or otherwise,is solely the obligation of the partnership. A partner is not personallyliable, directly or indirectly, by way of contribution or otherwise, for such apartnership obligation solely by reason of being or so acting as a partner.This subsection applies notwithstanding anything inconsistent in thepartnership agreement that existed immediately before the vote required tobecome a limited liability partnership under subsection (b) of K.S.A. 56a-1001.

History: L. 1998, ch. 93, § 17; Jan. 1, 1999.

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State Codes and Statutes

Statutes > Kansas > Chapter56a > Article3 > Statutes_21992

56a-306

Chapter 56a.--KANSAS UNIFORM PARTNERSHIP ACT Article 3.--RELATIONS OF PARTNERS TO PERSONS DEALING WITH PARTNERSHIP

56a-306. Partner's liability.(a) Except as otherwise provided in subsections(b) and (c), all partners are liable jointly and severally for allobligations of the partnership unless otherwise agreed by theclaimant or provided by law.

(b) A person admitted as a partner into an existingpartnership is not personally liable for any partnership obligationincurred before the person's admission as a partner.

(c) An obligation of a partnership incurred while the partnership is alimited liability partnership, whether arising in contract, tort, or otherwise,is solely the obligation of the partnership. A partner is not personallyliable, directly or indirectly, by way of contribution or otherwise, for such apartnership obligation solely by reason of being or so acting as a partner.This subsection applies notwithstanding anything inconsistent in thepartnership agreement that existed immediately before the vote required tobecome a limited liability partnership under subsection (b) of K.S.A. 56a-1001.

History: L. 1998, ch. 93, § 17; Jan. 1, 1999.