Under the ULPA, limited partners cannot be employed by the partnership and still enjoy limited liability.

Name: Under the ULPA, limited partners cannot be employed by the partnership and still enjoy limited liability.
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Under the Uniform Limited Partnership Act (ULPA), limited partners can be employed by the partnership and still enjoy limited liability, as long as their role as an employee does not equate to them taking part in the control of the business.

Under the ULPA, Limited Partners Cannot Be Employed by the Partnership