State Codes and Statutes

Statutes > Virginia > Title-50 > Chapter-2-2 > 50-73-120

§ 50-73.120. Partner's power to bind partnership after dissolution.

Subject to § 50-73.121, a partnership is bound by a partner's act afterdissolution that:

1. Is appropriate for winding up the partnership business; or

2. Would have bound the partnership under § 50-73.91 before dissolution, ifthe other party to the transaction did not have notice of the dissolution.

(1996, c. 292.)

State Codes and Statutes

Statutes > Virginia > Title-50 > Chapter-2-2 > 50-73-120

§ 50-73.120. Partner's power to bind partnership after dissolution.

Subject to § 50-73.121, a partnership is bound by a partner's act afterdissolution that:

1. Is appropriate for winding up the partnership business; or

2. Would have bound the partnership under § 50-73.91 before dissolution, ifthe other party to the transaction did not have notice of the dissolution.

(1996, c. 292.)


State Codes and Statutes

State Codes and Statutes

Statutes > Virginia > Title-50 > Chapter-2-2 > 50-73-120

§ 50-73.120. Partner's power to bind partnership after dissolution.

Subject to § 50-73.121, a partnership is bound by a partner's act afterdissolution that:

1. Is appropriate for winding up the partnership business; or

2. Would have bound the partnership under § 50-73.91 before dissolution, ifthe other party to the transaction did not have notice of the dissolution.

(1996, c. 292.)