In a limited partnership, the personal liability of one or more of the partners for the unpaid debts of the partnership is limited to the amounts those partners had invested in the partnership.

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In a limited partnership, there are two types of partners: general partners, who manage the business and are personally liable for its debts, and limited partners, whose liability is limited to the extent of their investment in the partnership.

In a Limited Partnership, the Personal Liability of One or More