2760 ARTICLE 73

An. Code, 1924, sec. 22. 1912, sec. 22...1918, ch. 280, sec. 22.

22. (Rights of Creditors of Limited Partner.) (1) On due appli-
cation to a court of competent jurisdiction by any judgment creditor of a
limited partner, the court may charge the interest of the indebted limited
partner with payment of the unsatisfied amount of the judgment debt;
and may appoint a receiver, and make all other orders, directions, and
inquiries which the circumstances of the case may require.

(2) The interest may be redeemed with the separate property of any
general partner, but may not be redeemed with partnership property.

(3) The remedies conferred by paragraph (1) shall not be deemed
exclusive of others which may exist.

(4) Nothing in this article shall be held to deprive a limited partner
of his statutory exemption.

An. Code, 1924, sec. 23. 1912, sec. 22A. 1918, ch. 280, sec. 22A.

23. (Distribution of Assets.) (1) In settling accounts after dissolu-
tion the liabilities of the partnership shall be entitled to payment in the
following order:

(a) Those to creditors, in the order of priority as provided by law,
except those to limited partners on account of their contributions, and to
general partners,

(b) Those to limited partners in respect to their share of the profits
and other compensation by way of income on their contributions,

(e) Those to limited partners in respect to the capital of their contri-
butions,

(d) Those to general partners other than for capital and profits,

(e) Those to general partners in respect to profits,

(/) Those to general partners in respect to capital.

(2) Subject to any statement in the certificate or to subsequent agree-
ment, limited partners share in the partnership assets in respect to their
claims for capital, and in respect to their claims for profits or for com-
pensation by way of income on their contributions respectively, in propor-
tion to the respective amounts of such claims. '

An. Code, 1924, sec. 24. 1912, sec. 22B. 1918, ch. 280, sec. 22B.

24. (When Certificate Shall Be Cancelled or Amended.) (1) The
certificate shall be cancelled when the partnership is dissolved or all limited
partners cease to be such.

(2) A certificate shall be amended when

(a) There is a change in the name of the partnership or in the amount
or character of the contribution of any limited partner,

(b) A person is substituted as a limited partner,

(c) An additional limited partner is admitted, .

(d) A person is admitted as a general partner,

(e) A general partner retires, dies, or becomes insane, and the busi-
ness is continued under Section 20,

(f) There is a change in the character of the business of the partnership,

(g) There is a false or erroneous statement in the certificate,

(h} There is a change in the time as stated in the certificate for the
dissolution of the partnership or for the return of a contribution,

(i) A time is fixed for the dissolution of the partnership, or the return
of a contribution, no time having been specified in the certificate, or