Assertion: partnership's partner | /r/HasAspect | personal liability
Facets:
value: for business claims
type: PURPOSE
value: for debts
type: OTHER
Source sentences:
text: Limited partners have no personal liability beyond their investment in the partnership interest.
text: The limited partner has no personal liability for business claims and debts as long as they have never done anything in management.
text: Limited partnerships (LPs) have two sets of partners, namely one or more general partners who have personal liability and one or more limited partners who are not liable for debts.