49
In forceRetiring or deceased partner’s share to be debt
Part 5Dissolution of partnership and its consequences
49 Retiring or deceased partner’s share to be debt
Subject to any agreement between the partners, the amount due from the surviving or continuing partners to an outgoing partner, or the legal personal representatives of a deceased partner, in respect of the outgoing or deceased partner’s share in the partnership, is a debt accruing at the date of the dissolution or death.
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