§ 620.8306, Fla. Stat. · Part II. REVISED UNIFORMPARTNERSHIP ACT
Partner’s liability.
Text — 2026 Florida Statutes
(1) Except as otherwise provided in subsections (2) and (3), all partners are liable jointly and severally for all obligations of the partnership unless otherwise agreed by a claimant or provided by law.
(2) A person admitted as a partner into an existing partnership is not personally liable for any partnership obligation incurred before the person’s admission as a partner.
(3) An obligation of a partnership incurred while the partnership is a limited liability partnership, whether arising in contract, tort, or otherwise, is solely the obligation of the partnership. A partner is not personally liable, directly or indirectly, by way of contribution or otherwise, for such an obligation solely by reason of being or so acting as a partner. This subsection applies notwithstanding anything inconsistent in the partnership agreement that existed immediately before the vote required to become a limited liability partnership under s. 620.9001(2). Notwithstanding the provisions of this subsection, at any time during the first 6 months after the effective date of this subsection, a limited liability partnership that became a limited liability partnership before the effective date of this subsection may, by filing a notice with the Secretary of State so stating, waive its partners’ protection from liability arising from written contractual obligations of the limited liability partnership with regard to any particular written obligations or all written obligations entered into at any time or during any particular period of time set forth in the notice. If a limited liability partnership executes and delivers such a notice, each partner of the limited liability partnership is jointly and severally liable for the contractual obligations of the partnership which are the subject of the notice, except that no partner is liable under any such contract for any amount in excess of the amount for which the partner would have been liable under the laws of this state as they existed immediately before the effective date of this subsection.
Notes and commentary — not statutory text
History
s. 13, ch. 95-242; s. 9, ch. 99-285.
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
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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.
The Florida Statutes
Cited by 5 provisions
Provisions in this library whose text cites § 620.8306, Fla. Stat.. Each shows the citation as that text prints it.
The Florida Statutes
- § 620.8307, Fla. Stat.Actions by and against partnership and partners.Printed as s. 620.8306
- § 620.8703, Fla. Stat.Dissociated partner’s liability to other persons.Printed as s. 620.8306
- § 620.8806, Fla. Stat.Partner’s liability to other partners after dissolution.Printed as s. 620.8306
- § 620.8807, Fla. Stat.Settlement of accounts and contributions among partners.Printed as s. 620.8306
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.