[§425E-805] Liability after dissolution of general partner and person dissociated as general partner to limited partnership, other general partners, and persons dissociat
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[§425E-805] Liability after dissolution of general partner and person dissociated as general partner to limited partnership, other general partners, and persons dissociated as general partners.
(a)If a general partner having knowledge of the dissolution causes a limited partnership to incur an obligation under section 425E-804(a) by an act that is not appropriate for winding up the partnership's activities, the general partner shall be liable:
(1)To the limited partnership for any damage caused to the limited partnership arising from the obligation; and
(2)If another general partner or a person dissociated as a general partner is liable for the obligation, to that other general partner or person for any damage caused to that other general partner or person arising from the liability.
(b)If a person dissociated as a general partner causes a limited partnership to incur an obligation under section 425E-804(b), the person shall be liable:
(1)To the limited partnership for any damage caused to the limited partnership arising from the obligation; and
(2)If a general partner or another person dissociated as a general partner is liable for the obligation, to the general partner or other person for any damage caused to the general partner or other person arising from the liability. [L 2003, c 210, pt of §1]