N.Y. PTR Law § 28
This is the official text of N.Y. PTR Law § 28, part of New York’s PTR Law — part of the compiled statutory law of New York, published by the state as "PTR Law." Browse the sections below, each linked to its official government source.
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Liability of incoming partner
Official statutory text
§ 28. Liability of incoming partner. A person admitted as a partner\ninto an existing partnership is liable for all the obligations of the\npartnership arising before his admission as though he had been a partner\nwhen such obligations were incurred, except that his liability shall be\nsatisfied only out of partnership property.\n
Status: in_force · Read it on the official government site
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