Partner's power to bind partnership after dissolution
Known as the Uniform Partnership Act
The act spans §§ 4–4 (71 sections).
Applied in 1 court decision — leading case 2020 Ark. App. 124 - Hitt v. Lyle (2020)
Most recently applied in 2020 Ark. App. 124 - Hitt v. Lyle (February 2020)
Acts 1999, No. 1518, § 804.
Subject to § 4-46-805, a partnership is bound by a partner's act after dissolution that:
(1) is appropriate for winding up the partnership business; or
(2) would have bound the partnership under § 4-46-301 before dissolution, if the other party to the transaction did not have notice of the dissolution.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.