2012 Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 4 - Partnerships
Chapter 46 - Uniform Partnership Act (1996)
Subchapter 8 - -- Winding Up Partnership Business
§ 4-46-806 - Partner's liability to other partners after dissolution.


AR Code § 4-46-806 (2012) What's This?

(a) Except as otherwise provided in subsection (b) of this section and § 4-46-306, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under § 4-46-804.

(b) A partner who, with knowledge of the dissolution, incurs a partnership liability under § 4-46-804(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.

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