Short answer. Yes, in the main. Article 1843 defines a limited partnership as having general and limited partners, and provides that the limited partners as such shall not be bound by the obligations of the partnership. Your exposure is generally confined to what you contributed, provided you remain a true limited partner and do not act as a general one.
What the law says
The limited partners as such shall not be bound by the obligations of the partnership.
Civil Code, Article 1843 — Limited Partnership Defined. Read the full provision →
What the law says
having as members one or more general partners and one or more limited partners
Civil Code, Article 1843 — Limited Partnership Defined. Read the full provision →
The limited partner is shielded from partnership obligations
Article 1843 defines the structure and states the protection in the same breath. A limited partnership, it says, is formed by two or more persons and has one or more general partners and one or more limited partners. The critical sentence for you is the last one: the limited partners as such shall not be bound by the obligations of the partnership. That is the whole point of the limited partnership form. The general partners run the business and carry its liabilities; the limited partners put in capital and, in that capacity, are not personally on the hook for the firm's debts. Your risk is meant to be the money you invested, not your personal assets beyond it.
The shield depends on staying 'as such'
Read the two words as such carefully — they are the condition on the whole protection. A limited partner is shielded in his character as a limited partner. The limited partnership must actually be formed as one under the law's requirements, and the partner must behave like a limited partner rather than a general one. The classic way a limited partner loses the shield is by taking part in the control of the business: if he crosses the line from investor to manager, the law can treat him as a general partner toward those who dealt with the firm, exposing him to its obligations. The protection rewards staying in your lane.
What limited partners can and cannot do
A limited partner is not meant to be a silent prisoner — he generally has rights to information, to a share of the profits, and to the return of his contribution on the agreed terms. What he must avoid is running the business as if he were a general partner, because that is what puts his personal liability at risk. The line between protecting one's investment and controlling the enterprise is not always obvious, and it is exactly where disputes arise when creditors come looking for someone to pay. Structuring the arrangement and one's conduct with that line in mind is what keeps the shield intact.
Formation and good faith matter
The protection also assumes the limited partnership was properly set up and held out as such. Defects in formation, or allowing outsiders to reasonably believe a limited partner is in fact a general partner, can undermine the very status the shield depends on. So the answer to your question is a qualified yes: as a genuine limited partner in a properly constituted limited partnership, you are not bound by the partnership's obligations beyond your contribution — but that immunity is tied to keeping your role, and the firm's form, true to what Article 1843 contemplates.