Section 703(b) operates similarly to Section 702(a) in that it requires reliance on the departed partner's continued partnership status, as well as lack of notice. Under Section 704(c), a statement of dissociation operates conclusively as constructive notice 90 days after filing for the purposes of Section 703(b)(3) and, under Section 704(b), as constructive knowledge when recorded for the purposes of Section 303(d) and (e).

Section 703(c) continues the rule of UPA Section 36(2) that a departing partner can bargain for a contractual release from personal liability for a partnership obligation, but it requires the consent of both the creditor and the remaining partners.

Section 703(d) continues the rule of UPA Section 36(3) that a dissociated partner is released from liability for a partnership obligation if the creditor, with notice of the partner's departure, agrees to a material alteration in the nature or time of payment, without that partner's consent. This rule covers all partner dissociations and is not limited, as is the UPA rule, to situations in which a third party "agrees to assume the existing obligations of a dissolved partnership."

In general under RUPA, as a result of the adoption of the entity theory, relationships between a partnership and its creditors are not affected by the dissociation of a partner or by the addition of a new partner, unless otherwise agreed. Therefore, there is no need under RUPA, as there is under the UPA, for an elaborate provision deeming the new partnership to assume the liabilities of the old partnership. See UPA Section 41.

The "dual priority" rule in UPA Section 36(4) is eliminated to reflect the abolition of the "jingle rule," providing that separate debts have first claim on separate property, in order to conform to the Bankruptcy Code. See Comment 2 to Section 807. A deceased partner's estate, and thus all of his individual property, remains liable for partnership obligations incurred while he was a partner, however.