MISSISSIPPI CODE OF 1972
As Amended

SEC. 79-13-806. Partner's liability to other partners after dissolution.

(a)  Except as otherwise provided in subsection (b) and Section 79-13-306, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under Section 79-13-804.

(b)  A partner who, with knowledge of the dissolution, incurs a partnership liability under Section 79-13-804(2) by an act that is not appropriate for winding up the partnership business is liable to the partnership for any damage caused to the partnership arising from the liability.

SOURCES: Laws, 2004, ch. 458, § 806, SB 2504, eff from and after Jan. 1, 2005.
 



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