§ 25.10.430. Power of estate of deceased or incompetent partner
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 the partner's estate or administering the partner's property, including any power the partner had to give an assignee the right 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.
[1981 c 51 § 43.]
Sections: Previous 25.10.350 25.10.360 25.10.370 25.10.390 25.10.400 25.10.410 25.10.420 25.10.430 25.10.440 25.10.450 25.10.453 25.10.455 25.10.457 25.10.460 25.10.470 NextLast modified: April 7, 2009