Tennessee Code 61-3-809 – Liability of general partner and person dissociated as general partner when claim against limited partnership barred
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Terms Used In Tennessee Code 61-3-809
- 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 § 61-3-806, § 61-3-807, or § 61-3-808, any corresponding claim under § 61-3-404 or § 61-3-607 is also barred.