Victorian Consolidated Legislation

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Partnership Act 1958 - SECT 13

Liability of partners

13. Liability of partners

Every 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.



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