Indiana Statutes
§ 23-4-1-17 — Liability of incoming partner
Indiana § 23-4-1-17
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 4PARTNERSHIPS
Ch. 1Uniform Partnership Act
This text of Indiana § 23-4-1-17 (Liability of incoming partner) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 23-4-1-17 (2026).
Text
A person admitted as a partner into an
existing partnership is liable for all the obligations of the partnership
arising before his admission as though he had been a partner when such
obligations were incurred, except that this liability shall be satisfied
only out of partnership property.
Formerly: Acts 1949, c.114, s.17.
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Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-4-1-17, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-4-1-17.