A person admitted as a partner into an existing partnership is liable for all the obligations of the partnership arising before his admission as though he had been a partner when such obligations were incurred, except that this liability shall be satisfied only out of partnership property. (Code 1981, § 14-8-17, enacted by Ga. L. 1984, p. 1439, § 1.)
Liability of incoming partner
O.C.G.A. § 14-8-17 — under Corporations, Partnerships, and Associations.
O.C.G.A. § 14-8-17