General partner liability

N.D. Cent. Code § 45-23-06
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
45-23-06. General partner liability An obligation of a limited liability limited partnership, whether arising in contract, tort, or otherwise, is solely the obligation of the limited liability limited partnership. 1. A general partner is not personally liable, directly or indirectly by way of contribution or otherwise, for an obligation of the limited liability limited partnership solely by reason of being or acting as a general partner. 2. This section applies notwithstanding anything inconsistent in the partnership agreement.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t45c23.pdf#nameddest=45-23-06Fetched: 10/16/2026

Starting a business in North Dakota? North Dakota LLC guide: costs and requirements