56a-806. Partner's liability to other partners after dissolution. (a) Except as otherwise provided in subsection (b) and K.S.A. 56a-306 and amendments thereto, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under K.S.A. 56a-804.
(b) A partner who, with knowledge of the dissolution, incurs a partnership liability under subsection (b) of K.S.A. 56a-804 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.
History: L. 1998, ch. 93, ยง 43; Jan. 1, 1999.
Structure Kansas Statutes
Chapter 56a - Kansas Uniform Partnership Act
Article 8 - Winding Up Partnership Business
56a-801 Events causing dissolution and winding up of partnership business.
56a-802 Partnership continues after dissolution.
56a-803 Right to wind up partnership business.
56a-804 Partner's power to bind partnership after dissolution.
56a-805 Statement of dissolution.
56a-806 Partner's liability to other partners after dissolution.
56a-807 Settlement of accounts and contributions among partners.