What remains a liability for general partners despite entering into security agreements?

General partners in a partnership maintain personal liability for the debts and obligations of the partnership, which includes partnership debts, regardless of any security agreements they may enter into. This fundamental principle stems from the nature of general partnerships where partners are collectively and individually liable for the debts incurred by the business.

The liability persists because security agreements, which may create collateral or establish rights in specific assets, do not alter the inherent risks associated with being a general partner. While security agreements can help protect individual partners' assets by granting creditors rights to specific collateral, they do not limit or eliminate the liability partners face for the partnership’s debts. Therefore, lenders can pursue the personal assets of general partners if the partnership itself cannot meet its financial obligations.

Other options, such as personal liability for loans or limited liability in certain cases, do not encapsulate the full scope of liability that general partners hold for partnership debts. Employment agreements are not typically a direct source of liability for general partners in the same way that partnership debts are, which is why they are not the correct answer in this case. The core responsibility that partners have is for the overall debts and obligations of the partnership, which is well-established in partnership law.