59-82. Surviving partner to account and settle.
In case the surviving partner shall not avail himself of the privilege of purchasing the interest of the deceased partner, he shall, within six months from the date of the first publication of notice to creditors, file with the clerk of the superior court of the county where the partnership was located, an account, under oath, stating his action as surviving partner, and shall come to a settlement with the executor or administrator of the deceased partner: Provided, that the clerk of the superior court shall have power, upon good cause shown, to extend the time within which said final settlement shall be made. The surviving partner for his services in settling the partnership estate shall receive commissions to be allowed by the court. (1901, c. 640, s. 7; Rev., s. 2546; C.S., s. 3285; 1947, c. 781; 1957, c. 783, s. 6; 1973, c. 1410, s. 4.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 3 - Surviving Partners.
§ 59-74 - Surviving partner to give bond.
§ 59-75 - Effect of failure to give bond.
§ 59-76 - Surviving partner and personal representative to make inventory.
§ 59-77 - When personal representative may take inventory; receiver.
§ 59-78 - Notice to creditors.
§ 59-79 - Debts paid pro rata; liens.
§ 59-80 - Effect of failure to present claim in six months.
§ 59-81 - Procedure for purchase by surviving partner.
§ 59-82 - Surviving partner to account and settle.