Western Australian Current Acts Western Australian Current Acts (1) Subject to
section 42 and subsection (2), a limited partner in an incorporated limited
partnership has no liability for the liabilities of —
(a) the
partnership; or
(b) a
general partner in the partnership.
(2) Nothing in
section 51 or 52 prevents either of the following in satisfaction of a
liability of the partnership or a general partner in the partnership —
(a) a
contribution of capital or property made by a limited partner to the
incorporated limited partnership being used;
(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.