2018 South Carolina Code of Laws
Title 33 - Corporations, Partnerships and Associations
CHAPTER 41 - UNIFORM PARTNERSHIP ACT
Section 33-41-960. Liability of partner for acts of other partner upon dissolution.

Universal Citation: SC Code § 33-41-960 (2018)

When 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 a partner acting for the partnership as if the partnership had not been dissolved unless:

(1) the dissolution being by act of a 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 Section 33-41-370(B).

HISTORY: 1962 Code Section 52-66; 1952 Code Section 52-66; 1950 (46) 1841; 1994 Act No. 448, Section 7.

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