2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 83 - General Partnerships
8364 - Rights of retiring partner or estate of deceased partner when business is continued.

     § 8364.  Rights of retiring partner or estate of deceased
                partner when business is continued.
        When any partner retires or dies and the business is
     continued under any of the conditions set forth in section
     8360(b)(2) (relating to dissolution in contravention of
     agreement) or 8363(a), (b), (c), (e) and (f) (relating to
     liability of persons continuing the business) without any
     settlement of accounts as between him or his estate and the
     person or partnership continuing the business, unless otherwise
     agreed, he or his legal representative as against such persons
     or partnership may have the value of his interest at the date of
     dissolution ascertained and shall receive as an ordinary
     creditor an amount equal to the value of his interest in the
     dissolved partnership with interest or, at his option or at the
     option of his legal representative, in lieu of interest, the
     profits attributable to the use of his right in the property of
     the dissolved partnership except that the creditors of the
     dissolved partnership, as against the separate creditors or the
     representative of the retired or deceased partner, shall have
     priority on any claim arising under this section as provided by
     section 8363(h).