Corporations, Associations, and Partnerships

Limited Partnerships

SECTION 7-13-41

§ 7-13-41. Rights of creditor.

On application to a court of competent jurisdiction by any judgment creditor of a partner, the court may charge the partnership interest of the partner with payment of the unsatisfied amount of the judgment with interest. To the extent charged, the judgment creditor has only the rights of an assignee of the partnership interest. This chapter does not deprive any partner of the benefit of any exemption laws applicable to his or her partnership interest.

History of Section.
(P.L. 1985, ch. 390, § 2.)