2015 Pennsylvania Consolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 83 - General Partnerships
Section 8356 - Right of partner to contribution from copartners

15 PA Cons Stat § 8356 (2015) What's This?

§ 8356. Right of partner to contribution from copartners.

Where the dissolution is caused by the act, death or bankruptcy of a partner, each partner is liable to his copartners for his 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; or

(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.

Cross References. Section 8356 is referred to in section 8355 of this title.

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