672 LAWS OF MARYLAND. [CH. 280

sent thereto or if the assignor, being thereunto empowered by
the certificate, gives the asignee that right.

(5) An assignee becomes a substituted limited partner when
the certificate is appropriately amended in accordance with
Section 22C.

(6) The substituted limited partner has all the rights and
powers, and is subject to all the restrictions and liabilities of
his assignor, except those liabilities of which he was ignorant
at the time he became a limited partner and which could not
be ascertained from the certificate.

(7) The substitution of the assignee as a limited partner
does not release the assignor from liability to the partnership
under Sections 6 and 17.

SEC. 20. (Effect of Retirement, Death or Insanity of a Gen
eral Partner.) The retirement, death or insanity of a general
partner dissolves the partnership, unless the business is con-
tinued by the remaining general partners.

(a) Under a right so to do stated in the certificate, or

(b) With the consent of all members.

SEC. 21. (Death of Limited Partner.) (1) On the death
of a limited partner his executor or administrator shall have/
all the rights of a limited partner for the purpose of settlings
his estate, and such power as the deceased had to constitute his.
assignee a substituted limited partner.

(2) The estate of a deceased limited partner shall be liable
for all his liabilities as a limited partner.

SEC. 22. (Rights of Creditors of Limited Partner.) (1)
On due application 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 prop-
erty 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 act shall be held to deprive a limited
partner of his statutory exemption.