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Code · Pennsylvania · Title 15 — CORPORATIONS AND UNINCORPORATED ASSOCIATIONS · Chapter 86

§ 8645. Actions by and against partnership and partners.

251 words·~1 min read·/pa/title-15/chapter-86/8645

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§ 8645. Actions by and against partnership and partners.
(a)General partner as party.-- To the extent not inconsistent with section 8644 (relating to general partner's liability), a general partner may be joined in an action against the limited partnership or named in a separate action.
(b)Judgment against partnership only.-- A judgment against a partnership:
(1)is not by itself a judgment against a partner; and
(2)except as set forth in subsection (c), may not be satisfied from a partner's assets.
(c)Judgment against partnership and partner.-- If there is a judgment against a partnership and a partner on the same claim, the judgment creditor may levy execution against the assets of the partner if both of the following paragraphs apply:
(1)The partner is personally liable for the claim under section 8644.
(2)One of the following subparagraphs applies:
(i)A writ of execution on the judgment against the partnership has been returned unsatisfied in whole or in part.
(ii)The partnership is a debtor in bankruptcy.
(iii)The partner has agreed that the creditor need not exhaust partnership assets.
(iv)A court grants permission to levy execution based on a finding that:
(A)partnership assets subject to execution are clearly insufficient to satisfy the judgment;
(B)exhaustion of partnership assets is excessively burdensome; or
(C)the grant of permission is an appropriate exercise of the court's equitable powers.
(v)Liability is imposed on the partner by law or contract independent of the existence of the partnership.
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