In case of the insolvency or bankruptcy of the partnership, no special partner shall, under any circumstances, be allowed to claim as a creditor until the claims of all the other creditors of the partnership shall be satisfied.
History. Laws 1837, Cobb’s 1851 Digest, p. 588; Code 1863, § 1944; Code 1868, § 1932; Code 1873, § 1942; Code 1882, § 1942; Civil Code 1895, § 2684; Civil Code 1910, § 3213; Code 1933, § 75-422; Code 1981, § 14-9-125; Code 1981, § 14-9A-125 , as redesignated by Ga. L. 1988, p. 1016, § 1.
Structure Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 9A - Limited Partnerships
Article 2 - Limited Partnerships Formed Prior to February 15, 1952
§ 14-9A-110. Applicability of Article; Renewal of Existing Partnerships Restricted
§ 14-9A-111. Who May Form Limited Partnership; Purposes; Liability of General and Special Partners
§ 14-9A-113. Certificate of Limited Partnership — Contents
§ 14-9A-114. Certificate of Limited Partnership — Acknowledgment
§ 14-9A-115. Certificate of Limited Partnership — Filing
§ 14-9A-116. Affidavits of Capital Paid In
§ 14-9A-118. Certificate and Affidavit Prerequisite to Formation; Effect of False Statement
§ 14-9A-119. Publication of Terms of Partnership; Affidavits of Publication as Evidence
§ 14-9A-120. Renewal or Continuance of Partnership
§ 14-9A-121. Dissolution — Effect of Changes in Firm Name, Capital, or Death of Partner
§ 14-9A-122. Dissolution — by Acts of Partners; Notice Required
§ 14-9A-123. Powers of General and Special Partners
§ 14-9A-125. Priority of Special Partners
§ 14-9A-126. Parties to Actions
§ 14-9A-127. Liability of General Partners for Management of Firm
§ 14-9A-128. Liability of Partners for Fraud
§ 14-9A-129. Fraudulent Sale, Assignment, or Transfer of Property Void