O.C.G.A.

O.C.G.A. § 9-3-115 (2019)

Effect of new promise by partner

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.

Find cases: SyfertCases citing this section GA-LEGlegis.ga.gov (official) JustiaJustia CornellLII Search CasesGoogle Scholar

After the dissolution of a partnership, a new promise by one partner shall revive or extend a partnership debt only as to the promisor and not as to his copartner or copartners.

History

Ga. L. 1855-56, p. 233, § 26; Code 1863, § 2878; Code 1868, § 2886; Code 1873, § 2937; Code 1882, § 2937; Civil Code 1895, § 3791; Civil Code 1910, § 4387; Code 1933, § 3-905.

Annotations

Cross references. Effect of dissolution of partnership on existing liability of partners, § 14-8-36.

JUDICIAL DECISIONS Petition in action against members of partnership dissolved by discharge in bankruptcy was demurrable (subject to motion to dismiss) when new promise was made by one partner only. Meinhard, Schaul & Co. v. Folsom Bros., 3 Ga. App. 251, 59 S.E. 830, 1907 Ga. App. LEXIS 612 (1907).

Amendment setting forth a new promise by an individual partner, in an action against a partnership, is not germane to original action. Ford v. Clark, 72 Ga. 760, 1884 Ga. LEXIS 316 (1884).

RESEARCH REFERENCES Am. Jur. 2d. 51 Am. Jur. 2d, Limitation of Actions, § 284 et seq. Am. Jur. Pleading and Practice Forms. 19 Am. Jur. Pleading and Practice Forms, Partnership, § 133. C.J.S. 54 C.J.S., Limitations of Actions, § 362 et seq.

ALR. Constitutionality, construction, and application of statute modifying or limiting effect of acknowledgment, payment, or other conditions to toll or extend the period of limitation with respect to mortgage foreclosure, 150 A.L.R. 134.

CHAPTER 4 DECLARATORY JUDGMENTS Sec.

Purpose and construction of chapter. Declaratory judgments authorized; force and effect. Further relief; interlocutory extraordinary relief to preserve status quo. Declaratory judgments involving fiduciaries. Filing and service; time of trial; drawing of jury. Submission of fact issues to jury.

Sec.

Only parties affected; when municipality made party; when Attorney General served and heard. When court may refuse declaratory judgment. Costs. Equity jurisdiction not impaired. Combining proceedings in probate court.

RESEARCH REFERENCES Am. Jur. 2d. 22A Am. Jur. 2d, Declaratory Judgments, § 4 et seq. C.J.S. 26 C.J.S., Declaratory Judgments, § 1 et seq. U.L.A. Uniform Declaratory Judgments Act (U.L.A.) § 1 et seq.

ALR. Declaration of rights or declaratory judgments, 12 A.L.R. 52; 19 A.L.R. 1124; 50 A.L.R. 42; 68 A.L.R. 110; 87 A.L.R. 1205; 114 A.L.R. 1361; 142 A.L.R. 8.