Mississippi Code
Article 8 - Dissolution and Winding Up
§ 79-14-804. Power to bind partnership after dissolution

A limited partnership is bound by a general partner's act after dissolution which:
A person dissociated as a general partner binds a limited partnership through an act occurring after dissolution if:
At the time the other party enters into the transaction:
Less than two (2) years has passed since the dissociation; and
The other party does not know or have notice of the dissociation and reasonably believes that the person is a general partner; and
The act:
Is appropriate for winding up the partnership's activities and affairs; or
Would have bound the partnership under Section 79-14-402 before dissolution and at the time the other party enters into the transaction the other party does not know or have notice of the dissolution.

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