Partner's power to bind partnership after dissolution
Known as the Uniform Partnership Act
The act spans §§ 48–48 (74 sections).
Source: SL 2001, ch 249, § 804.
Subject to § 48-7A-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 § 48-7A-301 before dissolution, if the other party to the transaction did not have notice of the dissolution.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.