Partner's power to bind partnership after dissolution
Known as the Ohio Uniform Partnership Act
The act spans §§ 1776–1776 (73 sections).
Effective: August 6, 2008; Latest Legislation: House Bill 332 - 127th General Assembly
Subject to section 1776.65 of the Revised Code, a partnership is bound by a partner's act after dissolution under either of the following conditions:
(A) The act is appropriate for winding up the partnership business.
(B) If the other party to the transaction did not have notice of the dissolution, the act would have bound the partnership under section 1776.31 of the Revised Code before dissolution.
Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.