GroundRules
35-10-309: Liability of incoming partner.
Where this section sits in the code
- TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
- CHAPTER 10. PARTNERSHIPS IN GENERAL
- Part 3. Relation of Partner and Partnership to Other Persons
A person admitted as a partner into a partnership is liable for all obligations of the partnership incurred before the person's admission as if the person were a partner when the obligations were incurred, but the liability may be satisfied only out of partnership property.
Collected 2026-09-14T04:53:19Z. Source file · JSON