Laws of New York (Last Updated: November 21, 2014) |
PTR Partnership |
Article 8-A. REVISED LIMITED PARTNERSHIP ACT |
Section 121-703. Rights of creditor
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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 article does not deprive any partner of the benefit of any exemption laws applicable to his partnership interest.