State Codes and Statutes

Statutes > Utah > Title-48 > Chapter-01 > 48-1-14

48-1-14. Liability of incoming partner.
A person admitted as a partner into an existing partnership is liable for all the obligationsof the partnership arising before his admission as if he had been a partner when such obligationswere incurred, except that his liability shall be satisfied only out of partnership property.

No Change Since 1953

State Codes and Statutes

Statutes > Utah > Title-48 > Chapter-01 > 48-1-14

48-1-14. Liability of incoming partner.
A person admitted as a partner into an existing partnership is liable for all the obligationsof the partnership arising before his admission as if he had been a partner when such obligationswere incurred, except that his liability shall be satisfied only out of partnership property.

No Change Since 1953


State Codes and Statutes

State Codes and Statutes

Statutes > Utah > Title-48 > Chapter-01 > 48-1-14

48-1-14. Liability of incoming partner.
A person admitted as a partner into an existing partnership is liable for all the obligationsof the partnership arising before his admission as if he had been a partner when such obligationswere incurred, except that his liability shall be satisfied only out of partnership property.

No Change Since 1953