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Partnership Act 1890

Partnership Act 1890 s 43

s 43 Retiring or deceased partner’s share to be debt

43. Subject to any agreement between the partners, the amount due from surviving or continuing partners to an outgoing partner or the representatives of a deceased partner in respect of the outgoing or deceased partner’s share is a debt accruing at the date of the dissolution or death.

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Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.