§425-143 Partner's liability to other partners after dissolution. (a) Except as otherwise provided in subsection (b) and section 425-117, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under section 425-141.
(b) A partner who, with knowledge of the dissolution, incurs a partnership liability under section 425-141(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. [L 1999, c 284, pt of §1]
Section: Previous 425-136 425-137 425-138 425-139 425-140 425-141 425-142 425-143 425-144 425-145 425-151 425-152 425-153 425-154 425-155 NextLast modified: October 27, 2016