The 2023 Florida Statutes (including Special Session C)

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 620
PARTNERSHIP LAWS

View Entire Chapter

F.S. 620.8306

620.8306 Partner’s liability.—

(1) Except as otherwise provided in subsections (2) and (3), all partners are liable jointly and severally for all obligations of the partnership unless otherwise agreed by a claimant or provided by law.

(2) A person admitted as a partner into an existing partnership is not personally liable for any partnership obligation incurred before the person’s admission as a partner.

(3) An obligation of a partnership incurred while the partnership is a limited liability partnership, whether arising in contract, tort, or otherwise, is solely the obligation of the partnership. A partner is not personally liable, directly or indirectly, by way of contribution or otherwise, for such an obligation solely by reason of being or so acting as a partner. This subsection applies notwithstanding anything inconsistent in the partnership agreement that existed immediately before the vote required to become a limited liability partnership under s. 620.9001(2). Notwithstanding the provisions of this subsection, at any time during the first 6 months after the effective date of this subsection, a limited liability partnership that became a limited liability partnership before the effective date of this subsection may, by filing a notice with the Secretary of State so stating, waive its partners’ protection from liability arising from written contractual obligations of the limited liability partnership with regard to any particular written obligations or all written obligations entered into at any time or during any particular period of time set forth in the notice. If a limited liability partnership executes and delivers such a notice, each partner of the limited liability partnership is jointly and severally liable for the contractual obligations of the partnership which are the subject of the notice, except that no partner is liable under any such contract for any amount in excess of the amount for which the partner would have been liable under the laws of this state as they existed immediately before the effective date of this subsection.

History.—s. 13, ch. 95-242; s. 9, ch. 99-285.

F.S. 620.8306 on Google Scholar

F.S. 620.8306 on Casetext

Amendments to 620.8306

Arrestable Offenses / Crimes under Fla. Stat. 620.8306

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 620.8306.

Annotations, Discussions, Cases:

Cases from cite.case.law:

IN RE BERNARD L. MADOFF INVESTMENT SECURITIES LLC, H. L. LLC, v. J., 557 B.R. 89 (Bankr. S.D.N.Y. 2016)

. . . . § 620.8306(1), or a limited partnership. Fla. Stat. § 620.1404(1) (2016). . . . Stat. § 620.8306(1) provides with exceptions that are not relevant that "all partners are liable jointly . . .

R. MOHAN v. ORLANDO HEALTH, INC., 163 So. 3d 1231 (Fla. Dist. Ct. App. 2015)

. . . their control, or right to control, pursuant to Florida’s Revised Uniform Partnership Act of 1995, § 620.8306 . . .

In KANE KANE, a In J. In N., 406 B.R. 163 (Bankr. S.D. Fla. 2009)

. . . . § 620.8306. The Judgment Creditors have judgments against all three Debtors. . . .

BROWER- EGER, v. NOON,, 994 So. 2d 1239 (Fla. Dist. Ct. App. 2008)

. . . among partners undermines the joint and several liability of partners statutorily imposed by section 620.8306 . . .

LEBLANC, v. UNIFUND CCR PARTNERS, G. P. ZB, 552 F. Supp. 2d 1327 (M.D. Fla. 2008)

. . . . § 620.8306(1). . . .

In B. CHAUNCEY, III B., 282 B.R. 34 (Bankr. M.D. Fla. 2002)

. . . . § 620.8306 provides in pertinent part: (1) Except as otherwise provided in subsections (2) and (3), . . .

MILLER, v. MCCALLA, RAYMER, PADRICK, COBB, NICHOLS CLARK, L. L. C a, 198 F.R.D. 503 (N.D. Ill. 2001)

. . . . § 620.8306; (2) “a partnership is liable for loss or ... penalty incurred, as a result of a wrongful . . .

In CP III LIMITED PARTNERSHIP,, 224 B.R. 206 (Bankr. M.D. Fla. 1998)

. . . STAT. ch. 620.8306. The record is devoid of any evidence that the parties agreed otherwise. . . .

Dr. I. FEDDER, v. McCLENNEN,, 959 F. Supp. 28 (D. Mass. 1996)

. . . . § 620.8306(1) (partners are liable jointly and severally for all obligations of partnership); Fla.St.Ann . . .

In SUPER FLORIDA III, LTD. d b a E. MILLS, Jr. v. B. GROTEWOHL,, 211 B.R. 764 (Bankr. M.D. Fla. 1996)

. . . Ch. 620.8306(2) (1995). . . .