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ART. LXXIIIA] PARTNERSHIP. 543
affairs or to complete transactions begun but not then finished, dissolu-
tion 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 34 so requires.
(2) With respect to persons not partners, as declared in section 35.
1916, ch. 175. sec. 34.
34. (RIGHT OF PARTNER TO CONTRIBUTION FROM CO-PARTNERS
AFTER DISSOLUTION.) Where the dissolution is caused by the act,
death or bankruptcy of a partner, each partner is liable to his co-part-
ners for his share of any liability created by any partner acting for the
partnership as if the partnership had not been dissolved unless
(a) The dissolution being by act of any partner, the partner acting
for the partnership had knowledge of the dissolution, or
(b) 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.
1916, ch 175, sec. 35.
35. (POWER of PARTNER TO BIND PARTNERSHIP TO THIRD PER-
SONS AFTER DISSOLUTION.) (1) After dissolution a partner can bind
the partnership except as provided in paragraph (3)
(a) By any act appropriate for winding up partnership affairs or
completing transactions unfinished at dissolution;
(b) By any transaction which would bind the partnership if dissolu-
tion had not taken place, provided the other party to the transaction
I. Had extended credit to the partnership prior to dissolution and
had no knowledge or notice of the dissolution; or
II. Though he had not so extended credit, had nevertheless known
of the partnership prior to dissolution, and, having no knowledge or
notice of dissolution, the fact of dissolution had not been advertised in
a newspaper of general circulation in the place (or in each place if more
than one) at which the partnership business was regularly carried on.
(2) The liability of a partner under paragraph (1b) shall he satis-
fied out of partnership assets alone when such partner had been prior
to dissolution
(a) Unknown as a partner to the person with whom the contract is
made; and
(b) So far unknown and inactive in- partnership affairs that the
business reputation of the partnership could not be said to have been
in any degree due to his connection with it.
(3) The partnership is in 110 case bound by any act of a partner
after dissolution
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