Legislation
SECTION 65
Right of partner to contribution from copartners after dissolution
Partnership (PTR) CHAPTER 39, ARTICLE 6
§ 65. Right of partner to contribution from copartners after
dissolution. Where the dissolution is caused by the act, death or
bankruptcy of a partner, each partner is liable to his copartners for
his share of any liability created by any partner acting for the
partnership as if the partnership had not been dissolved unless
1. The dissolution being by act of any partner, the partner acting for
the partnership had knowledge of the dissolution,
2. The dissolution being by the death or bankruptcy of a partner, the
partner acting for the partnership had knowledge or notice of the death
or bankruptcy, or
3. The liability is for a debt, obligation or liability for which the
partner is not liable as provided in subdivision (b) of section
twenty-six of this chapter.
dissolution. Where the dissolution is caused by the act, death or
bankruptcy of a partner, each partner is liable to his copartners for
his share of any liability created by any partner acting for the
partnership as if the partnership had not been dissolved unless
1. The dissolution being by act of any partner, the partner acting for
the partnership had knowledge of the dissolution,
2. The dissolution being by the death or bankruptcy of a partner, the
partner acting for the partnership had knowledge or notice of the death
or bankruptcy, or
3. The liability is for a debt, obligation or liability for which the
partner is not liable as provided in subdivision (b) of section
twenty-six of this chapter.