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61-1-804 - Partner's power to bind partnership after dissolution.

61-1-804. Partner's power to bind partnership after dissolution.

Subject to § 61-1-805, 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 § 61-1-301 before dissolution, if the other party to the transaction did not have notice of the dissolution.

[Acts 2001, ch. 353.]  

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