| | | A.__Reasonably believed that the dissociated partner was | | then a partner; |
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| | | B.__Did not have notice of the partner's dissociation; and |
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| | | C.__Is not deemed to have notice under section 1074, | | subsection 2. |
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| | | 2.__Liability for obligation after dissociation.__A | | dissociated partner is liable to the partnership for any damage | | caused to the partnership arising from an obligation incurred by | | the dissociated partner after dissociation for which the | | partnership is liable under subsection 1. |
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| | | §1073.__Dissociated partner's liability to other persons |
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| | | 1.__Liability for partnership obligation.__A partner's | | dissociation does not of itself discharge the partner's liability | | for a partnership obligation incurred before dissociation.__A | | dissociated partner is not liable for a partnership obligation | | incurred after dissociation, except as otherwise provided in | | subsection 2. |
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| | | 2.__Liability to other party.__A partner who dissociates | | without resulting in a dissolution and winding up of the | | partnership business is liable as a partner to the other party in | | a transaction entered into by the partnership, or a surviving | | partnership under subchapter 9, within 2 years after the | | partner's dissociation, only if the partner is liable for the | | obligation under section 1034 and at the time of entering into | | the transaction the other party: |
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| | | A.__Reasonably believed that the dissociated partner was | | then a partner; |
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| | | B.__Did not have notice of the partner's dissociation; and |
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| | | C.__Is not deemed to have had notice under section 1074, | | subsection 2. |
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| | | 3.__Released from liability for partnership obligation by | | agreement.__By agreement with the partnership creditor and the | | partners continuing the business, a dissociated partner may be | | released from liability for a partnership obligation. |
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| | | 4.__Released from liability for partnership obligation because | | of material alteration.__A dissociated partner is released from | | liability for a partnership obligation if a partnership creditor, | | with notice of the partner's dissociation but without the | | partner's consent, agrees to a material |
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