2011 Missouri Revised Statutes
TITLE XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Chapter 358 Uniform Partnership Law
Section 358.340. Right of partner to contribution from copartners after dissolution.
Right of partner to contribution from copartners after dissolution.
358.340. Where the dissolution is caused by the act, death or bankruptcy of a partner, each partner is liable to the partner's copartners for the partner's share of any liability created by any partner acting for the partnership as if the partnership had not been dissolved unless:
(1) The dissolution being by act of any partner, the partner acting for the partnership had knowledge of the dissolution;
(2) 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
(3) The liability is for a debt, obligation or liability for which the partner is not liable as provided in subsection 2 of section 358.150.
(L. 1949 p. 506 34, A.L. 1995 H.B. 558)
Annotation Copyright Missouri Joint Committee on Legislative Research
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