Ky. Rev. Stat. § 362.1-806

Current through Acts Received April 24, 2024
Section 362.1-806 - Partner's liability to other partners after dissolution
(1) Except as otherwise provided in subsection (2) of this section and KRS 362.1-306, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under KRS 362.1-804.
(2) A partner who, with knowledge of the dissolution, incurs a partnership liability under KRS 362.1-804(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.

KRS 362.1-806

Effective:7/12/2006
Created 2006, Ky. Acts ch. 149, sec. 59, effective7/12/2006.