Hawaii Revised Statutes 425E-808 – Liability of general partner and person dissociated as general partner when claim against limited partnership barred
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Terms Used In Hawaii Revised Statutes 425E-808
- Partner: means a limited partner or general partner. See Hawaii Revised Statutes 425E-102
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
If a claim against a dissolved limited partnership is barred under § 425E-806 or 425E-807, any corresponding claim under section partner‘s liability” class=”unlinked-ref” datatype=”S” sessionyear=”2019″ statecd=”HI”>425E-404 shall also be barred.