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the New York Laws
2023 New York Laws
PTR - Partnership
Article 3 - Relations of Partners to Persons Dealing With the Partnership.
28 - Liability of Incoming Partner.
Universal Citation:
NY Pship L § 28 (2023)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
§ 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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