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Maryland · Through 2026-01-01

Md. Code, Courts and Judicial Proceedings § 5–420

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  1. Article - Courts and Judicial Proceedings

(a) In this section, “partnership” has the meaning stated in § 9A-101 of the Corporations and Associations Article.

(b) A person who is admitted as a partner into an existing partnership is liable for all the obligations of the partnership arising before the person’s admission as though the person had been a partner when the obligations were incurred, except that this liability shall be satisfied only out of the property of the partnership.

Collected 2026-09-14T19:57:03Z. Source file · JSON

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