Winding Up Partnership Business
Known as the Uniform Partnership Act
The act spans §§ 16100–16962 (85 sections).
Added by Stats. 1996, Ch. 1003, Sec. 2
Subject to Section 16805, a partnership is bound by a partner’s act after dissolution that is either of the following:
(1) Appropriate for winding up the partnership business.
(2) Would have bound the partnership under Section 16301 before dissolution, if the other party to the transaction did not have notice of the dissolution.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.