NSWIn ForceAct
Partnership Act 1892
66ALimitation of liability of limited partners
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#### 66A Limitation of liability of limited partners
66A Limitation of liability of limited partners
> > (1) A limited partner has no liability for the liabilities of the incorporated limited partnership or of a general partner.
>
> > (2) Nothing in subsection (1) or section 66C or 66D prevents—
> >
> > > (a) a contribution of capital or property made by a limited partner to the incorporated limited partnership being used, or
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> > > (b) an obligation of a limited partner to contribute capital or property to the incorporated limited partnership being enforced by any person to whom the obligation is owed,
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> > in satisfaction of a liability of the partnership or of a general partner.
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> > (3) This section is subject to section 67A (Limited partner not to take part in the management of incorporated limited partnership).
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> **pt 3, div 4A (ss 66A–66E):** Ins 2004 No 8, Sch 1 \[86\].