Payment by partner in excess of his or her proportion.

  1. Law
  2. Rhode Island General Laws
  3. Corporations, Associations and Partnerships
  4. Partnerships
  5. Payment by partner in excess of his or her proportion.

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In case an amount exceeding his or her proportion is actually paid, it is taken and considered as payment of the amount of debt actually paid.

History of Section.
G.L. 1896, ch. 156, § 3; G.L. 1909, ch. 185, § 3; G.L. 1923, ch. 212, § 3; G.L. 1938, ch. 428, § 3; G.L. 1956, § 7-12-6.


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