ยง425-5 - Minors and incompetent persons.
ยง425-5ย Minors and incompetent persons.ย
A minor or incompetent person may not be a partner, but may have a beneficial
interest in a partnership through a trustee or duly appointed guardian.
This section shall not apply to the current
partners in any duly registered partnership doing business in the State as of
July 14, 1969. [L 1969, c 247, pt of ยง1; am L 2001, c 129, ยง68]
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