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§ 1-806. Partner's liability to other partners after dissolution

Oklahoma Statutes AnnotatedTitle 54. Partnership

Oklahoma Statutes Annotated
Title 54. Partnership
Chapter 1. Oklahoma Revised Uniform Partnership Act (Refs & Annos)
Article 8. Winding up Partnership Business
54 Okl.St.Ann. § 1-806
§ 1-806. Partner's liability to other partners after dissolution
Currentness
Partner's Liability to Other Partners After Dissolution. (a) Except as otherwise provided in subsection (b) of this section and Section 18 of this act,1 after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under Section 43 of this act.2
(b) A partner who, with knowledge of the dissolution, incurs a partnership liability under paragraph (2) of Section 43 of this act 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.

Credits

Laws 1997, c. 399, § 45, eff. Nov. 1, 1997.

Footnotes

1
Title 54, § 1-306.
2
Title 54, § 1-804.
54 Okl. St. Ann. § 1-806, OK ST T. 54 § 1-806
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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