Legislation
SECTION 28
Liability of incoming partner
Partnership (PTR) CHAPTER 39, ARTICLE 3
§ 28. Liability of incoming partner. 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 his liability shall be
satisfied only out of partnership property.
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 his liability shall be
satisfied only out of partnership property.