Legislation
SECTION 121-703
Rights of creditor
Partnership (PTR) CHAPTER 39, ARTICLE 8-A
§ 121-703. 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 so charged, the
judgment creditor has only the rights of an assignee of the partnership
interest. This article does not deprive any partner of the benefit of
any exemption laws applicable to his partnership interest.
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 so charged, the
judgment creditor has only the rights of an assignee of the partnership
interest. This article does not deprive any partner of the benefit of
any exemption laws applicable to his partnership interest.