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North Dakota · Through 2026-07-31T11:12:02

N.D. Cent. Code § 45-15-06: (306) Partner's liability

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Where this section sits in the code
  1. Title 45 Partnerships
  2. Chapter 45-15 Relations Of Partners To Persons Dealing With Partnership

1.Except as otherwise provided in subsection 2 and in chapter 45-22, all partners are liable jointly and severally for all obligations of the partnership unless otherwise agreed by the claimant or provided by law.

2.A person admitted as a partner into an existing partnership is not personally liable for any partnership obligation incurred before the person's admission as a partner.

Collected 2026-09-02T21:04:14Z. Source file · JSON

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