A judgment creditor of a partner may bring an action in the district court charging the partnership interest of the partner with payment of the unsatisfied amount of the judgment. To the extent the court so charges, the judgment creditor has only the rights of an assignee of the partnership interest. This chapter does not deprive a partner of the benefit of exemption laws applicable to the partner's interest.
[C24, 27, 31, 35, 39, § 9833, 9844; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 545.28, 545.39; 82 Acts, ch 1103, § 703]
C93, § 487.703
Previous Section 487.702
Next Section 487.704
© 2004 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Thu Jan 15 10:49:41 CST 2004
URL: /DOCS/IACODE/2003SUPPLEMENT/487/703.html
jhf