North Dakota Statutes

§ 45-15-06 — (306) Partner's liability

North Dakota § 45-15-06
JurisdictionNorth Dakota
Title 45Partnerships
Ch. 45-15Relations of Partners to Persons Dealing With Partnership

This text of North Dakota § 45-15-06 ((306) Partner's liability) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 45-15-06 (2026).

Text

1.Except as otherwise provided in subsection 2 and in chapter 45-22, all partners are liable jointly and severally for all obligations of the partnership unless otherwise agreed by the claimant or provided by law.
2.A person admitted as a partner into an existing partnership is not personally liable for any partnership obligation incurred before the person's admission as a partner.

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Bluebook (online)
North Dakota § 45-15-06, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/45-15-06.