State Codes and Statutes

Statutes > Georgia > Title-14 > Chapter-8 > 14-8-17

O.C.G.A. 14-8-17 (2010)
14-8-17. 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 this liability shall be satisfied only out of partnership property.

State Codes and Statutes

Statutes > Georgia > Title-14 > Chapter-8 > 14-8-17

O.C.G.A. 14-8-17 (2010)
14-8-17. 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 this liability shall be satisfied only out of partnership property.

State Codes and Statutes

State Codes and Statutes

Statutes > Georgia > Title-14 > Chapter-8 > 14-8-17

O.C.G.A. 14-8-17 (2010)
14-8-17. 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 this liability shall be satisfied only out of partnership property.