a. Except as otherwise provided in subsection b. of this section and section 18 of
this act, 1 after dissolution a partner is liable to the other partners for the partner's share
of any partnership liability incurred under section 42 of this act. 2
b. A partner who, with knowledge of the dissolution, incurs a partnership liability
under subsection b. of section 42 of this act by an act that is not appropriate for
winding up the partnership business is liable to the partnership for any damage caused
to the partnership arising from the liability.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.