Partner's power to bind partnership after dissolution
Known as the Uniform Partnership Act
The act spans §§ 61-1-1001 to 61-1-908 (67 sections).
Acts 2001, ch. 353.
Subject to § 61-1-805, 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 § 61-1-301 before dissolution, if the other party to the transaction did not have notice of the dissolution.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.