61-1-804 - Partner's power to bind partnership after dissolution.
61-1-804. Partner's power to bind partnership after dissolution.
Subject to § 61-1-805, 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 § 61-1-301 before dissolution, if the other party to the transaction did not have notice of the dissolution.
[Acts 2001, ch. 353.]