2006 Nebraska Revised Statutes - § 67-317 — Incoming partner; liability.

Section 67-317
Incoming partner; liability.

A person admitted as a partner into an existing partnership is liable for all the obligations of the partnership arising before this 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.


Source:
    Laws 1943, c. 143, § 17, p. 492

    Termination date January 1, 2001



~Reissue Revised Statutes of Nebraska

Disclaimer: These codes may not be the most recent version. Nebraska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.