§1086. Partner's liability to other partners after dissolution
1. Liable for partner's share. Except as otherwise provided in subsection 2 and section 1034, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under section 1084.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
2. Liability for inappropriate act. A partner who, with knowledge of the dissolution, incurs a partnership liability under section 1084, subsection 2 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.
[PL 2005, c. 543, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 2005, c. 543, §A2 (NEW).
Structure Maine Revised Statutes
TITLE 31: PARTNERSHIPS AND ASSOCIATIONS
Chapter 17: UNIFORM PARTNERSHIP ACT
Subchapter 8: WINDING UP PARTNERSHIP BUSINESS
31 §1081. Events causing dissolution and winding up of partnership business
31 §1082. Partnership continues after dissolution
31 §1083. Right to wind up partnership business
31 §1084. Partner's power to bind partnership after dissolution
31 §1085. Statement of dissolution
31 §1086. Partner's liability to other partners after dissolution
31 §1087. Settlement of accounts and contributions among partners