Partner's liability to other partners after dissolution

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§1086. Partner's liability to other partners after dissolution

1.  Liable for partner's share.  Except as otherwise provided in subsection 2 and section 1034, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under section 1084.  

[PL 2005, c. 543, Pt. A, §2 (NEW).]

2.  Liability for inappropriate act.  A partner who, with knowledge of the dissolution, incurs a partnership liability under section 1084, subsection 2 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.  

[PL 2005, c. 543, Pt. A, §2 (NEW).]

SECTION HISTORY

PL 2005, c. 543, §A2 (NEW).


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