2013 Maine Revised Statutes
TITLE 31: PARTNERSHIPS AND ASSOCIATIONS
Chapter 17: UNIFORM PARTNERSHIP ACT
31 §1086. Partner's liability to other partners after dissolution
Subchapter 8: WINDING UP PARTNERSHIP BUSINESS HEADING: PL 2005, C. 543, PT. A, §2 (NEW)
1086. Partner's liability to other partners after dissolution
1. Liable for partner's share. Except as otherwise provided in subsection 2 and section 1034, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under section 1084.
[ 2005, c. 543, Pt. A, 2 (NEW) .]
2. Liability for inappropriate act. A partner who, with knowledge of the dissolution, incurs a partnership liability under section 1084, subsection 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.
[ 2005, c. 543, Pt. A, 2 (NEW) .]
SECTION HISTORY
2005, c. 543, A2 (NEW).
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