Section 10A-8-8.04

Published: 2015

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Section 10A-8-8.04

Section 10A-8-8.04Partner's power to bind partnership after dissolution.

Subject to Section 10A-8-8.05, a partnership is bound by a partner's act after dissolution that:

(1) is appropriate for winding up the partnership business; or

(2) would have bound the partnership under Section 10A-8-3.01 before dissolution, if the other party to the transaction did not have notice of the dissolution.

(Acts 1996, No. 96-528, p. 685, §1; §10-8A-804; amended and renumbered by Act 2009-513, p. 967, §262.)