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RHODE ISLAND STATUTES AND CODES

§ 7-12-28 - Liability of incoming partner.

SECTION 7-12-28

   § 7-12-28  Liability of incoming partner.– A person admitted as a partner into an existing partnership is liable for allthe obligations of the partnership arising before his or her admission asthough he or she had been a partner when the obligations were incurred, exceptthat this liability is satisfied only out of partnership property.

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