(a) In this section, “partnership” has the meaning stated in § 9A-101 of the Corporations and Associations Article.
(b) A person who is admitted as a partner into an existing partnership is liable for all the obligations of the partnership arising before the person’s admission as though the person had been a partner when the obligations were incurred, except that this liability shall be satisfied only out of the property of the partnership.
Structure Maryland Statutes
Courts and Judicial Proceedings
Title 5 - Limitations, Prohibited Actions, and Immunities
Subtitle 4 - Immunities and Prohibited Actions -- Businesses, Associations, and Charities
Section 5-401 - Certain Construction Industry and Motor Carrier Indemnity Agreements Prohibited
Section 5-401.1 - Release or Settlement of Claim by Injured Individual
Section 5-403 - Nuisance Suits Against Agricultural Operations
Section 5-403.1 - Private Nuisance Actions Against Sport Shooting Ranges
Section 5-404 - Actions Against Farmers Permitting Gleaning
Section 5-405 - Sealed Container Defense in Product Liability
Section 5-406 - Personal Liability -- Agents of Certain Associations or Organizations
Section 5-407 - Personal Liability -- Volunteer of Charitable Organization
Section 5-408 - Credit Agreements
Section 5-409 - Immunity -- Disclosure of Information Concerning Fire Loss
Section 5-410 - Immunity -- Receivership of Insurer
Section 5-411 - Immunity -- Joint Insurance Association, Member Insurers, Etc
Section 5-414 - Immunity -- Labor Associations or Organizations
Section 5-415 - Immunity -- Carrier Refusing to Deliver Bee Colony
Section 5-416 - Immunity -- Member of Lawyer Counseling Committee
Section 5-417 - Immunity -- Directors of Corporations Generally
Section 5-419 - Immunity -- Shareholder or Trustee of Real Estate Investment Trust
Section 5-420 - Immunity -- New Partner in Existing Partnership
Section 5-421 - Immunity -- Fiduciary Security Transfers
Section 5-422 - Immunity -- Governing Bodies as Defined by 14-118 of the Real Property Article
Section 5-423 - Immunity -- Disclosure of Information Regarding Employee or Former Employee
Section 5-424 - Immunity -- Veterinary Practitioner
Section 5-425 - Immunity -- Practice of Engineering
Section 5-426 - Immunity for Voluntary Practice of Architecture at Scene of Emergency