---
title: O.C.G.A. § 14-9-502. Promise to contribute; liability for contribution.
collection: code
id: 14-9-502
cite_as: O.C.G.A. § 14-9-502 (2025)
canonical_url: https://georgiacommons.org/code/14-9-502
md_url: https://georgiacommons.org/code/14-9-502.md
text_url: https://georgiacommons.org/code/14-9-502/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t14-(v12)-2017-pdf.pdf?sfvrsn=507372ea_0#page=1013
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/14-9.md
previous: https://georgiacommons.org/code/14-9-501.md
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index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS / REVISED UNIFORM LIMITED PARTNERSHIP ACT / FINANCE
---

# O.C.G.A. § 14-9-502. Promise to contribute; liability for contribution.

(a) Notwithstanding any other provision of law regarding unwritten contracts, including but not limited to Code Section 13-5-31, a promise by a person to make a contribution to the capital of a limited partnership is not enforceable unless set out in a writing signed by the person or his attorney in fact.

(b) Except as provided in the partnership agreement:

(1) A partner is obligated to the limited partnership to perform an otherwise enforceable promise to contribute cash or property or to perform services and to pay interest on the agreed contribution from the date the contribution is due; and

(2) This obligation exists even if the partner is unable to perform because of death, disability, or any other reason.

(c) Unless otherwise provided in the partnership agreement, the obligation of a partner to make a contribution to the capital of the partnership may be reduced or eliminated only by consent of all partners.

## History

Code 1981, § 14-9-502, enacted by Ga. L. 1988, p. 1016, § 1.

## Law Reviews

For survey article on business associations, see 44 Mercer L. Rev. 67 (1992).