Legislation
SECTION 64
General effect of dissolution on authority of partner
Partnership (PTR) CHAPTER 39, ARTICLE 6
§ 64. General effect of dissolution on authority of partner. Except
so far as may be necessary to wind up partnership affairs or to complete
transactions begun but not then finished, dissolution terminates all
authority of any partner to act for the partnership,
1. With respect to the partners:
(a) When the dissolution is not by the act, bankruptcy or death of a
partner; or
(b) When the dissolution is by such act, bankruptcy or death of a
partner, in cases where section sixty-five so requires.
2. With respect to persons not partners, as declared in section
sixty-six.
so far as may be necessary to wind up partnership affairs or to complete
transactions begun but not then finished, dissolution terminates all
authority of any partner to act for the partnership,
1. With respect to the partners:
(a) When the dissolution is not by the act, bankruptcy or death of a
partner; or
(b) When the dissolution is by such act, bankruptcy or death of a
partner, in cases where section sixty-five so requires.
2. With respect to persons not partners, as declared in section
sixty-six.