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HRS §425E-502

Partners must still pay promised contributions even if they die or become unable

A partner's promise to give money, property, or services to a limited partnership cannot be canceled just because the partner dies, becomes disabled, or cannot do it personally. If a partner fails to make a promised non-cash contribution, the partnership can require cash instead. The partnership can only reduce or cancel a partner's obligation if all partners agree, but a creditor who relied on the original promise can still enforce it.

creditors

The statute, as written — Liability for contribution

(a) A partner's obligation to contribute money or other property or other benefit to, or to perform services for, a limited partnership shall not be excused by the partner's death, disability, or other inability to perform personally. (b) If a partner does not make a promised nonmonetary contribution, the partner is obligated at the option of the limited partnership to contribute money equal to that portion of the value, as stated in the required information, of the stated contribution which has not been made. (c) The obligation of a partner to make a contribution or return money or other property paid or distributed in violation of this chapter may be compromised only by consent of all partners. A creditor of a limited partnership that extends credit or otherwise acts in reliance on an obligation described in subsection (a), without notice of any compromise under this subsection, may enforce the original obligation.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.