State Codes and Statutes

Statutes > New-jersey > Title-42 > Section-42-5 > 42-5-5

42:5-5. Liability to copartners continues
No compromise or composition of an individual partner with a creditor of such partnership shall in any way affect the right of the other copartners to call on such individual for his ratable portion of such partnership debt.

State Codes and Statutes

Statutes > New-jersey > Title-42 > Section-42-5 > 42-5-5

42:5-5. Liability to copartners continues
No compromise or composition of an individual partner with a creditor of such partnership shall in any way affect the right of the other copartners to call on such individual for his ratable portion of such partnership debt.