Arizona Revised Statutes § 29-1076 Partner's Liability To Other Partners After Dissolution

29-1076. Partner's liability to other partners after dissolution

A. Except as otherwise provided in subsection B of this section or in section 29-1026, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under section 29-1074.

B. A partner who, with knowledge of the dissolution, incurs a partnership liability under section 29-1074, paragraph 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.

Section: Previous  29-1064  29-1065  29-1071  29-1072  29-1073  29-1074  29-1075  29-1076  29-1077  29-1081  29-1082  29-1083  29-1086  29-1101  29-1102  Next

Last modified: October 13, 2016