Legislation

Search OpenLegislation Statutes

Viewing most recent revision (from 2014-09-22)

SECTION 110

Death of limited partner

Partnership (PTR) CHAPTER 39, ARTICLE 8

§ 110. Death of limited partner. (1) On the death of a limited
partner his executor or administrator shall have all the rights of a
limited partner for the purpose of settling his estate, and such power
as the deceased had to constitute his assignee a substituted limited
partner.

(2) The estate of a deceased limited partner shall be liable for all
his liabilities as a limited partner.