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Section 58: Rights of partners to partnership property

Limited Partnerships Act · PART VII: DISSOLUTION OF LIMITED PARTNERSHIP

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

58. Rights of partners to partnership property Upon the dissolution of a limited partnership, every partner will be entitled, as against the other partners and all persons claiming through them in respect of their interests as partners— (a) to have the property of the partnership applied in payment of the partnership’s debts; and (b) thereafter, to have the surplus assets applied in payment of what is respectively due to the partners after deducting what is respectively owed to the limited partnership.

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