§425-5 - Minors and incompetent persons.
§425-5 Minors and incompetent persons. A minor or incompetent person may not be a partner, but may have a beneficialinterest in a partnership through a trustee or duly appointed guardian.
This section shall not apply to the currentpartners in any duly registered partnership doing business in the State as ofJuly 14, 1969. [L 1969, c 247, pt of §1; am L 2001, c 129, §68]