Partner contribution obligation under the partnership agreement may be enforced by creditors who relied without notice of any internal compromise. Obligation of partners to contribute to a limited liability partnership is governed by the terms of the limited liability partnership agreement, which may require money, property, other benefits, or services; a creditor who extends credit or relies on such an obligation without notice of any compromise between partners may enforce the original obligation against the partner.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Partner contribution obligation under the partnership agreement may be enforced by creditors who relied without notice of any internal compromise.
Obligation of partners to contribute to a limited liability partnership is governed by the terms of the limited liability partnership agreement, which may require money, property, other benefits, or services; a creditor who extends credit or relies on such an obligation without notice of any compromise between partners may enforce the original obligation against the partner.
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