Partnership Law Act 2019

Relationship of partners to third persons and to each other - Relationship of partners to one another

41: Writ of execution against partnership property

You could also call this:

"Taking partnership property after winning a court case against the whole business"

When someone wins a court case against a business partnership, they might want to take some of the partnership's property to pay for what they're owed. However, there's a special rule about this. You can't just take any property that belongs to the partnership. You can only do this if the court decision was made against the whole partnership business, not just one of the partners. This helps protect the partnership's property from being taken unfairly.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS206040.


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40: Partnership land treated as personal property as between partners, or

"Partners treat shared land like personal items, not real estate"


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42: Court may charge partner’s interest for their separate judgment debt, or

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Part 3Relationship of partners to third persons and to each other
Relationship of partners to one another

41Writ of execution against partnership property

  1. A writ of execution must not be issued against any partnership property except on a judgment against the firm.

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