Where a partner joins the Company, he shall be jointly liable with the other partners to the extent of all his own property for all of the Company's existing obligations, provided that the Company has already disclosed such obligations to that partner. Further, he shall also be jointly liable with the other partners to the extent of all his own property for all the Company's obligations subsequent to his joining the Company. Any agreement between the partners to the contrary may not be invoked vis-à-vis third parties.
Interpretation and application must be checked against the official text and current version.