N.Y. Partnership Law § 117: Rules of construction

§ 117. Rules of construction. (1) The rule that statutes in

derogation of the common law are to be strictly construed shall have no

application to this article.

(2) This article shall be so interpreted and construed as to effect

its general purpose.

(3) This article shall not be so construed as to impair the

obligations of any contract existing when this article takes effect, nor

to affect any action or proceeding begun or right accrued before this

article takes effect.