2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 82 - Registered Limited Liability Partnerships
8204 - Limitation on liability of partners.

     § 8204.  Limitation on liability of partners.
        (a)  General rule.--Except as provided in subsection (b), a
     partner in a registered limited liability partnership shall not
     be individually liable directly or indirectly, whether by way of
     indemnification, contribution or otherwise, for debts and
     obligations of, or chargeable to, the partnership, whether
     sounding in contract or tort or otherwise, that arise from any
     negligent or wrongful acts or misconduct committed by another
     partner or other representative of the partnership while the
     registration of the partnership under this subchapter is in
     effect.
        (b)  Exceptions.--
            (1)  (Repealed).
            (2)  Subsection (a) shall not affect the liability of a
        partner:
                (i)  Individually for any negligent or wrongful acts
            or misconduct committed by him or by any person under his
            direct supervision and control.
                (ii)  For any debts or obligations of the
            partnership:
                    (A)  arising from any cause other than those
                specified in subsection (a); or
                    (B)  as to which the partner has agreed in
                writing to be liable.
                (iii)  To the extent expressly undertaken in the
            partnership agreement or the certificate of limited
            partnership.
            (3)  Subsection (a) shall not affect in any way:
                (i)  the liability of the partnership itself for all
            its debts and obligations;
                (ii)  the availability of the entire assets of the
            partnership to satisfy its debts and obligations; or
                (iii)  any obligation undertaken by a partner in
            writing to individually indemnify another partner of the
            partnership or to individually contribute toward a
            liability of another partner.
        (c)  Continuation of limited liability.--Neither the
     termination of the registration of a partnership under this
     subchapter nor the dissolution of the partnership shall affect
     the limitation on the liability of a partner in the partnership
     under this section with respect to negligent or wrongful acts or
     misconduct occurring while the registration under this
     subchapter was in effect.
        (d)  Cross reference.--See section 103 (relating to
     subordination of title to regulatory laws).
     (June 22, 2001, P.L.418, No.34, eff. 60 days)

        2001 Amendment.  Act 34 amended subsecs. (a) and (b)(3) and
     repealed subsec. (b)(1).
        Cross References.  Section 8204 is referred to in section
     8205 of this title.