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TITLE 14 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

9A. Limited Partnerships, 14-9A-1 through 14-9A-130.

ARTICLE 1 LIMITED PARTNERSHIPS FORMED SINCE FEBRUARY 15, 1952

14-9A-51. Effect of death of limited partner.

  1. On the death of a limited partner, his executor or administrator shall have all the rights of a limited partner for the purpose of settling his estate and such power as the deceased had to constitute his assignee a substituted limited partner.
  2. The estate of a deceased limited partner shall be liable for all his liabilities as a limited partner.

(Ga. L. 1952, p. 375, § 21; Code 1981, §14-9-51; Code 1981, §14-9A-51, as redesignated by Ga. L. 1988, p. 1016, § 1.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 59A Am. Jur. 2d, Partnership, § 813 et seq.

C.J.S.

- 68 C.J.S., Partnership, § 610 et seq.

U.L.A.

- Uniform Limited Partnership Act (U.L.A.) § 21.