South Carolina § 33-41-390 - Liability of incoming partner.

Full text of South Carolina South Carolina Code of Laws § 33-41-390 — Liability of incoming partner., with citation guidance and answers to common questions.

§ 33-41-390. Liability of incoming partner.

A person admitted as a partner into an existing partnership is liable for all the obligations of the partnership arising before his admission as though he had been a partner when such obligations were incurred, except that this liability shall be satisfied only out of partnership property.

HISTORY: 1962 Code SECTION 52-29; 1952 Code SECTION 52-29; 1950 (46) 1841.

ARTICLE 7
Relations of Partners to One Another

Source: official South Carolina text · Last verified 2026-08-27

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Frequently Asked Questions About South Carolina § 33-41-390

What does South Carolina Code of Laws § 33-41-390 cover?

Section 33-41-390 ("Liability of incoming partner.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite South Carolina § 33-41-390?

A common citation format is "South Carolina Code of Laws § 33-41-390" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of South Carolina law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.

How does South Carolina § 33-41-390 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.