Statutes > Rhode Island Statutes > Title 7 - Corporations, Associations and Partnerships > CHAPTER 7-12 - Partnerships > § 7-12-4 - Separate composition with creditors on dissolution of partnership.

§ 7-12-4 - Separate composition with creditors on dissolution of partnership.

SECTION 7-12-4

   § 7-12-4  Separate composition withcreditors on dissolution of partnership. – Whenever any copartnership is dissolved, any person who was embraced in thecopartnership may make a separate composition or compromise with any one of orall the creditors of the copartnership.