LD 1609
pg. 116
Page 115 of 148 An Act To Establish the Uniform Partnership Act Page 117 of 148
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LR 1469
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nonpartners are deemed to have notice of the dissolution and the
corresponding limitation on the authority of all partners.
Sections 301 and 804 provide that a partner's lack of authority is
binding on persons with notice thereof. Thus, after 90 days the
statement of dissolution operates as constructive notice
conclusively limiting the apparent authority of partners to
transactions that are appropriate for winding up the business.

 
4. Subsection (d) provides that, after filing and, if
appropriate, recording a statement of dissolution, the
partnership may file and record a new statement of partnership
authority that will operate as provided in Section 303(d). A
grant of authority contained in that statement is conclusive and
may be relied upon by a person who gives value without knowledge
to the contrary, whether or not the transaction is appropriate
for winding up the partnership business. That makes the
partners' record authority conclusive after dissolution, and
precludes going behind the record to inquire into whether or not
the transaction was appropriate for winding up.

 
§1086.__Partner's liability to other partners after dissolution

 
1.__Liable for partner's share.__Except as otherwise provided
in subsection 2 and section 1034, after dissolution a partner is
liable to the other partners for the partner's share of any
partnership liability incurred under section 1084.

 
2.__Liability for inappropriate act.__A partner who, with
knowledge of the dissolution, incurs a partnership liability
under section 1084, subsection 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.

 
Comment

 
(This is Section 806 of the Uniform Partnership Act (1997).)

 
Section 806 is the successor to UPA Sections 33(1) and 34,
which govern the rights of partners among themselves with respect
to post-dissolution liability.

 
Subsection (a) provides that, except as provided in Section
306(a) and subsection (b), after dissolution each partner is
liable to the other partners by way of contribution for his share
of any partnership liability incurred under Section 804. That
includes not only obligations that are appropriate for winding up
the business, but also obligations that are inappropriate if
within the partner's apparent authority. Consistent with other
provisions of
this Act, Section 806(a) makes clear that a partner


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