In a partnership, what is the difference between unlimited and limited partners in relation to dissociation?

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In a partnership, who bears the risk of debts depends on whether you’re a general (unlimited) partner or a limited partner. General partners carry unlimited personal liability, meaning creditors can reach their own assets beyond the partnership to satisfy any debts of the partnership. This risk applies to obligations incurred while they were partners, even if they dissociate later. Limited partners, on the other hand, have liability limited to the amount they contributed to the partnership; their personal assets aren’t at risk for the partnership’s debts beyond that investment, as long as they stay out of managing the business. If a limited partner gets involved in management, the shield can be lost. So the key distinction is that unlimited partners expose their personal assets to liability, while limited partners’ liability is capped at their contributed capital.