As Amended
SEC. 79-12-67. Right of partner to contribution from copartners after dissolution.
Where the dissolution is caused by the act, death or bankruptcy of a partner, each partner is liable to his copartners for his share of any liability created by any partner acting for the partnership as if the partnership had not been dissolved unless:
(a) The dissolution being by act of any partner, the partner acting for the partnership had knowledge of the dissolution,
(b) The dissolution being by the death or bankruptcy of a partner, the partner acting for the partnership had knowledge or notice of the death or bankruptcy, or
(c) The liability is for a debt, obligation or liability for which the partner is not liable as provided in Section 79-12-29 (2).
SOURCES: Laws, 1976, ch. 407, Sec. 34; 1995, ch. 353, Sec. 5, eff from and after July 1, 1995