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2012 New York Consolidated Laws
PTR - Partnership
Article 3 - (20 - 28) RELATIONS OF PARTNERS TO PERSONS DEALING WITH THE PARTNERSHIP.
28 - Liability of incoming partner.


NY Pship L § 28 (2012) What's This?
 
    §  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.

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