Iowa Code § 486A.804
Partner’s power to bind partnership after dissolution
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2013
As of January 1, 2012
Subject to section 486A.805, a partnership is bound by a partner’s act after dissolution that meets any of the following criteria:
Subject to section 486A.805, a partnership is bound by a partner’s act after dissolution that meets any of the following criteria:
1. Is appropriate for winding up the partnership business.
1. Is appropriate for winding up the partnership business.
2. Would have bound the partnership under section 486A.301 before dissolution, if the other party to the transaction did not have notice of the dissolution.
2. Would have bound the partnership under section 486A.301 before dissolution, if the other party to the transaction did not have notice of the dissolution.
98 Acts, ch 1201, §41, 79, 82
98 Acts, ch 1201, §41, 79, 82
Referred to in
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.