No liability as limited partner for limited partnership obligations.

Nev. Rev. Stat. § 87A.330
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
An obligation of a limited partnership, whether arising in contract, tort or otherwise, is not the obligation of a limited partner. A limited partner is not personally liable, directly or indirectly, by way of contribution or otherwise, for an obligation of the limited partnership solely by reason of being a limited partner, even if the limited partner participates in the management and control of the limited partnership.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-087A.htmlFetched: 10/4/2026

Starting a business in Nevada? Nevada LLC guide: costs and requirements