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New York Partnership Law Section 64 - General Effect Of Dissolution On Authority Of Partner.

Legal Research Home > New York Lawyer > Partnership > New York Partnership Law Section 64 - General Effect Of Dissolution On Authority Of Partner.

    § 64.  General effect of dissolution on authority of partner.  Except
  so far as may be necessary to wind up partnership affairs or to complete
  transactions begun but not then  finished,  dissolution  terminates  all
  authority of any partner to act for the partnership,
    1. With respect to the partners:
    (a)  When  the dissolution is not by the act, bankruptcy or death of a
  partner; or
    (b) When the dissolution is by such act,  bankruptcy  or  death  of  a
  partner, in cases where section sixty-five so requires.
    2.  With  respect  to  persons  not  partners,  as declared in section
  sixty-six.

Last modified: August 10, 2006