§ 42:5-5

N.J. Stat. § 42:5-5
in effect
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No compromise or composition of an individual partner with a creditor of such partnership shall in any way affect the right of the other copartners to call on such individual for his ratable portion of such partnership debt.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.njleg.state.nj.us/legislative-activity/statutesFetched: 10/17/2026

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N.J. Stat. § 42:5-5 — § 42:5-5 | New Jersey Statutes (Aug. 2026 snapshot) | Corpus