{"data":{"id":"us-nc/n.c.-gen.-stat.-59-47","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 59-47","heading":"Liability of incoming partner.","body":"A person admitted as a partner into an existing partnership is liable for all the obligations of the partnership arising before his admission as though he had been a partner when such obligations were incurred, except that this liability shall be satisfied only out of partnership property. (1941, c. 374, s. 17.)","path":["Chapter 59. Partnership.","Article 2. Uniform Partnership Act.","Part 3. Relations of Partners to Persons Dealing with the Partnership."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_59/GS_59-47.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:07:02Z","sha256":"7a64f8e1a6c68cf7ae44243b228d100f57b54060f5d568fe62a70c9849986d82","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-59-46","next":"us-nc/n.c.-gen.-stat.-59-48"},"notice":"GroundRules: Original legal text. Not legal advice."}