§ 1-702. Dissociated partner's power to bind and liability to partnership
Oklahoma Statutes AnnotatedTitle 54. Partnership
54 Okl.St.Ann. § 1-702
§ 1-702. Dissociated partner's power to bind and liability to partnership
Dissociated Partner's Power to Bind and Liability to Partnership. (a) For two (2) years after a partner dissociates without resulting in a dissolution and winding up of the partnership business, the partnership, including a surviving partnership under Article 9 of this act, is bound by an act of the dissociated partner which would have bound the partnership under Section 13 of this act1 before dissociation only if at the time of entering into the transaction the other party:
Credits
Laws 1997, c. 399, § 36, eff. Nov. 1, 1997.
54 Okl. St. Ann. § 1-702, OK ST T. 54 § 1-702
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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