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partnership accounts upon winding up the partnership business.__In | | settling accounts among the partners, profits and losses that | | result from the liquidation of the partnership assets must be | | credited and charged to the partners' accounts.__The partnership | | shall make a distribution to a partner in an amount equal to any | | excess of the credits over the charges in the partner's account.__A | | partner shall contribute to the partnership an amount equal to any | | excess of the charges over the credits in the partner's account, | | but excluding from the calculation charges attributable to an | | obligation for which the partner is not personally liable under | | section 1034. |
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| | | 3.__Contribution by other partners; recovery.__If a partner | | fails to contribute the full amount required under subsection 2, | | all of the other partners shall contribute, in the proportions in | | which those partners share partnership losses, the additional | | amount necessary to satisfy the partnership obligations for which | | they are personally liable under section 1034.__A partner or | | partner's legal representative may recover from the other | | partners any contributions the partner makes to the extent the | | amount contributed exceeds that partner's share of the | | partnership obligations for which the partner is personally | | liable under section 1034. |
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| | | 4.__Contribution for losses after settlement.__After the | | settlement of accounts, each partner shall contribute, in the | | proportion in which the partner shares partnership losses, the | | amount necessary to satisfy partnership obligations that were not | | known at the time of the settlement and for which the partner is | | personally liable under section 1034. |
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| | | 5.__Deceased partner's estate liable.__The estate of a | | deceased partner is liable for the partner's obligation to | | contribute to the partnership. |
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| | | 6.__Enforcement for creditors.__An assignee for the benefit of | | creditors of a partnership or a partner, or a person appointed by | | a court to represent creditors of a partnership or a partner, may | | enforce a partner's obligation to contribute to the partnership. |
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| | | As used in this subchapter, unless the context otherwise | | indicates, the following terms have the following meanings. |
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