N.C. Gen. Stat. § 59-79
Debts paid pro rata; liens
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
All debts and demands against a copartnership, where one partner has died, shall be paid pro rata, except debts which are a specific lien on property belonging to the partnership.
All debts and demands against a copartnership, where one partner has died, shall be paid pro rata, except debts which are a specific lien on property belonging to the partnership.
History
(1901, c. 640, s. 4; Rev., s. 2543; C.S., s. 3282.)
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.