§ 620.1404, Fla. Stat. · Part I. FLORIDA REVISED UNIFORMLIMITED PARTNERSHIP ACT OF 2005
General partner’s liability.
Text — 2026 Florida Statutes
(1) Except as otherwise provided in subsections (2) and (3), all general partners are liable jointly and severally for all obligations of the limited partnership unless otherwise agreed by the claimant or provided by law.
(2) A person that becomes a general partner of an existing limited partnership is not personally liable for an obligation of a limited partnership incurred before the person became a general partner.
(3) An obligation of a limited partnership incurred while the limited partnership is a limited liability limited partnership, whether arising in contract, tort, or otherwise, is solely the obligation of the limited partnership. A general partner is not personally liable, directly or indirectly, by way of contribution or otherwise, for such an obligation solely by reason of being or acting as a general partner. This subsection applies despite anything inconsistent in the partnership agreement that existed immediately before the consent required to become a limited liability limited partnership under s. 620.1406.
Notes and commentary — not statutory text
History
s. 17, ch. 2005-267.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0620/0620.html
- Text hash
- sha256 ccbf0778834f8df096edc60329ee4a8ecc5c13a94cf35d6206c06ae5fd5dcf14
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 7 provisions
Provisions in this library whose text cites § 620.1404, Fla. Stat.. Each shows the citation as that text prints it.
The Florida Statutes
- § 620.1102, Fla. Stat.Definitions.Printed as s. 620.1404(3)
- § 620.1405, Fla. Stat.Actions by and against partnership and partners.Printed as s. 620.1404
- § 620.1607, Fla. Stat.Liability to other persons of person dissociated as general partner.Printed as s. 620.1404
- § 620.1806, Fla. Stat.Known claims against dissolved limited partnership.Printed as s. 620.1404
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.