HRS §425E-303
Limited partners are not personally liable for partnership debts
This section says that a limited partner is not personally responsible for the limited partnership's debts or obligations, even if the partner helps manage the business. It applies to debts from contracts, accidents, or any other cause.
businesses
The statute, as written — Liability as a limited partner
An obligation of a limited partnership, whether arising in contract, tort, or otherwise, shall not be the obligation of a limited partner. A limited partner shall not be 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.
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