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2018 Ohio Revised Code
Title [17] XVII CORPORATIONS - PARTNERSHIPS
Chapter 1775 - UNIFORM PARTNERSHIP LAW
Section 1775.16 - Liability of incoming partner for existing obligations.
Universal Citation: Ohio Rev Code § 1775.16 (2018)
Effective January 1, 2010, Chapter 1775 is repealed and no longer governs partnerships. 2008 HB332.
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 this liability shall be satisfied only out of partnership property.
Effective Date: 10-01-1953; 2008 HB332 01-01-2010 .
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