Section 10-8A-804 Partner's power to bind partnership after dissolution. - Alabama Statutes

Section 10-8A-804

Partner's power to bind partnership after dissolution.

Subject to Section 10-8A-805, 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 Section 10-8A-301 before dissolution, if the other party to the transaction did not have notice of the dissolution.

(Acts 1996, No. 96-528, p. 685, §1.)