(1) For two (2) years after a partner dissociates without resulting in a dissolution
and winding up of the partnership business, the partnership, including a surviving
partnership under KRS 362.1-901 to 362.1-908, is bound by an act of the dissociated partner which would have bound the partnership
under KRS 362.1-301 before dissociation only if at the time of entering into the transaction the other
(a) Reasonably believed that the dissociated partner was then a partner;
(b) Did not have notice of the partner's dissociation; and
(2) A dissociated partner is liable to the partnership for any damage caused to the
partnership arising from an obligation incurred by the dissociated partner after dissociation
for which the partnership is liable under subsection (1) of this section.
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