Ky. Rev. Stat. § 362.310

Current through 2024 Ky. Acts ch. 225

Section 362.310 - 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 KRS 362.315 so requires.

(2) With respect to persons not partners, as declared in KRS 362.320.

KRS 362.310

Effective:6/26/2007
Repeal the prior repeal contained in 2006, Ky. Acts ch. 149, sec. 239, which was to have been effective 1/1/2008, 2007, Ky. Acts ch. 137, sec. 180, effective6/26/2007. -- Repealed 2006, Ky. Acts ch. 149, sec. 239, effective 1/1/2008. -- Created 1954 Ky. Acts ch. 38, sec. 33, effective 6/17/1954.