Maryland Statutes
§ 5-420
Maryland § 5-420
This text of Maryland § 5-420 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Courts and Judicial Proceedings § 5-420 (2026).
Text
(a)In this section, “partnership” has the meaning stated in § 9A-101 of the Corporations and Associations Article.
(b)A person who is admitted as a partner into an existing partnership is liable for all the obligations of the partnership arising before the person’s admission as though the person had been a partner when the obligations were incurred, except that this liability shall be satisfied only out of the property of the partnership.
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Bluebook (online)
Maryland § 5-420, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcj/5-420.