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2017 Code of Alabama
Title 10A - ALABAMA BUSINESS AND NONPROFIT ENTITIES CODE.
Chapter 8 - GENERAL PARTNERSHIPS.
Article 8 - Winding Up Partnership Business.
Section 10A-8-8.04 - Partner's power to bind partnership after dissolution.
Universal Citation: AL Code § 10A-8-8.04 (2017)
Section 10A-8-8.04Partner's power to bind partnership after dissolution.
Subject to Section 10A-8-8.05, 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 Section 10A-8-3.01 before dissolution, if the other party to the transaction did not have notice of the dissolution.
(Acts 1996, No. 96-528, p. 685, §1; §10-8A-804; amended and renumbered by Act 2009-513, p. 967, §262.)
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