New York Laws
Article 8-A - Revised Limited Partnership Act
121-706 - Power of Estate of Deceased or Incompetent Partner.

§ 121-706. Power of estate of deceased or incompetent partner.
Subject to subdivision (f) of section 121-402 of this article, if a
partner who is an individual dies or a court of competent jurisdiction
adjudges him to be incompetent to manage his person or his property, the
partner's executor, administrator, guardian, conservator or other legal
representative may exercise all of the partner's rights for the purpose
of settling his estate or administering his property, including any
power under the partnership agreement of an assignee to become a limited
partner. If a partner is a corporation, trust, or other entity and is
dissolved or terminated, the powers of that partner may be exercised by
its legal representative or successor.

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