Oregon Statutes - Chapter 67 - Partnerships; Limited Liability Partnerships - Section 67.305 - Partner’s power to bind partnership after dissolution.

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 ORS 67.090 before dissolution, if:

(a) The other party to the transaction did not have notice of the dissolution; and

(b) The dissolution had not been advertised in a newspaper of general circulation in the place, or in each place if more than one, at which the partnership business is regularly carried on. [1997 c.775 §37]

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Last modified: August 7, 2008