Acts and Regulations

P-4 - Partnership Act

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Liability of estate of partner
10Every partner in a firm is liable jointly with the other partners for all debts and obligations of the firm incurred while he is a partner, and after his death his estate is also severally liable in a due course of administration for such debts and obligations, so far as they remain unsatisfied, but subject to the prior payment of his separate debts.
R.S., c.167, s.10