2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 83 - General Partnerships
8361 - Rights after dissolution for fraud or misrepresentation.

     § 8361.  Rights after dissolution for fraud or
                misrepresentation.
        Where a partnership contract is rescinded on the ground of
     the fraud or misrepresentation of one of the parties thereto,
     the party entitled to rescind is, without prejudice to any other
     right, entitled:
            (1)  To a lien on, or right of retention of, the surplus
        of the partnership property, after satisfying the partnership
        liabilities to third persons, for any sum of money paid by
        him for the purchase of an interest in the partnership and
        for any capital or advances contributed by him.
            (2)  To stand, after all liabilities to third persons
        have been satisfied, in the place of the creditors of the
        partnership for any payments made by him in respect of the
        partnership liabilities.
            (3)  To be indemnified by the person guilty of the fraud
        or making the representation against all debts and
        liabilities of the partnership.

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