2010 Pennsylvania Code
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 77 - Trusts
7790.1 - Interest as general partner - UTC 1011.

     § 7790.1.  Interest as general partner - UTC 1011.
        (a)  Contractual liability.--Except as otherwise provided in
     subsection (c) or unless personal liability is imposed in the
     contract, a trustee who holds an interest as a general partner
     in a general or limited partnership is not personally liable on
     a contract entered into by the partnership after the trust's
     acquisition of the interest if the fiduciary capacity was
     disclosed in the contract or in a statement previously filed
     pursuant to 15 Pa.C.S. Ch. 83 (relating to general partnerships)
     or 85 (relating to limited partnerships).
        (b)  Tortious liability.--Except as otherwise provided in
     subsection (c), a trustee who holds an interest as a general
     partner is not personally liable for torts committed by the
     partnership or for obligations arising from ownership or control
     of the interest unless the trustee is personally at fault.
        (c)  When immunity inapplicable.--The immunity provided by
     this section does not apply if an interest in the partnership is
     held by:
            (1)  the trustee in a capacity other than that of
        trustee;
            (2)  the trustee's spouse; or
            (3)  the trustee's descendant, sibling or parent or the
        spouse of a descendant, sibling or parent.
        (d)  Personal liability of settlor.--If the trustee of a
     revocable trust holds an interest as a general partner, the
     settlor is personally liable for contracts and other obligations
     of the partnership as if the settlor were a general partner.

        Cross References.  Section 7790.1 is referred to in section
     7705 of this title.