General Laws of Massachusetts - Chapter 109 Limited Partnership - Section 41 Rights of judgment creditor

Section 41. On application to a court of competent jurisdiction by any judgment creditor of a partner, the court may charge the partnership interest of the partner with payment of the unsatisfied amount of the judgment with interest. To the extent so charged, the judgment creditor has only the rights of an assignee of the partnership interest. This chapter shall not deprive any partner of the benefit of any exemption laws applicable to his partnership interest.

Section:  Previous  34  35  36  37  38  39  40  41  42  43  44  45  46  47  48  Next

Last modified: September 11, 2015