Find Laws Find Lawyers Free Legal Forms USA State Laws

MASSACHUSETTS STATUTES AND CODES

Section 28 Creditor’s remedy to reach partner’s interest in partnership

Section 28. (1) On due application to the superior court by any judgment creditor of a partner, such court may charge the interest of the debtor partner with payment of the unsatisfied amount of such judgment debt with interest thereon; and may then or later appoint a receiver of his share of the profits, and of any other money due or to fall due to him in respect of the partnership, and make all other orders, directions, accounts and inquiries which the debtor partner might have made, or which the circumstances of the case may require.

(2) The interest charged may be redeemed at any time before foreclosure, or in case of a sale being directed by the court may be purchased without thereby causing a dissolution:

(a) With separate property, by any one or more of the partners, or

(b) With partnership property, by any one or more of the partners with the consent of all the partners whose interests are not so charged or sold.

(3) Nothing in this chapter shall be held to deprive a partner of his right, if any, under the exemption laws, as regards his interest in the partnership.

Massachusetts Forms by Issue

Massachusetts Abortion Forms
Massachusetts Business Forms
Massachusetts Court Forms
> DUI
> Claims
> Personal Protection
Massachusetts Divorce Forms
Massachusetts Family Forms
Massachusetts Guardianship Forms
Massachusetts Gun Forms
Massachusetts Marriage Forms
Massachusetts Name Change Forms
Massachusetts Tax Forms

Massachusetts Law

Massachusetts State Laws
    > Massachusetts Statutes
    > Massachusetts Gun Laws
    > Child Support Massachusetts
Massachusetts State
    > Capital of Massachusetts
    > Massachusetts Counties
Massachusetts Court
    > Massachusetts Attorney General
    > Massachusetts v. EPA
Massachusetts Tax
    > Massachusetts Sales Tax
    > Massachusetts State Tax
Massachusetts Labor Laws
    > Jobs In Massachusetts
    > Massachusetts Unemployment
Massachusetts Agencies
    > Better Business Bureau Massachusetts
    > Food Stamps Massachusetts
    > Massachusetts Department of Education
    > Massachusetts Department of Public Health
    > Massachusetts Department of Revenue
    > Massachusetts DMV
    > Massachusetts Secretary of State Corporations
    > Massachusetts State Police
    > Massachussets Secretary of State

Massachusetts Court Map

Tips