State of South Dakota

South Dakota Legislature

South Dakota Codified Laws

 
48-7A-804 Partner's power to bind partnership after dissolution.
     48-7A-804.   Partner's power to bind partnership after dissolution. Subject to § 48-7A-805, a partnership is bound by a partner's act after dissolution that:
             (1)      Is appropriate for winding up the partnership business; or
             (2)      Would have bound the partnership under § 48-7A-301 before dissolution, if the other party to the transaction did not have notice of the dissolution.

Source: SL 2001, ch 249, § 804.


Chapter 48-7A