15 Pennsylvania Consolidated Statutes § 8563 - Rights Of Creditor

§ 8563. Rights of creditor.

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 does not deprive any partner of the benefit of any exemption laws applicable to his partnership interest.

Saved from Suspension. Pennsylvania Rule of Civil Procedure No. 3159(b)(4), adopted April 20, 1998, provided that section 8563 shall not be deemed suspended or affected by Rules 3101 through 3149 relating to enforcement of money judgments for the payment of money.

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Last modified: October 8, 2016