Article 69. Foreclosure on the share of a participant in a full partnership of the Civil Code of the Republic of Kazakhstan

     1. Foreclosure of a participant's share in the property of a general partnership for his personal debts is allowed only if there is a shortage of his other property to cover debts. Creditors of such a participant have the right to demand from the general partnership the allocation of a part of the partnership's property, in proportion to the debtor's share in the authorized capital, in order to foreclose on this property. The part of the partnership's property to be allocated or its value is determined by the balance sheet drawn up at the time of the creditors' claim for allocation.

     2. Foreclosure of a participant's share in the property of a general partnership shall terminate his participation in the partnership and entail the consequences provided for in Articles 70 and 71 of this Code.

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