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Code · South Dakota · Title 48 · Chapter 48-7

48-7A-806. Partner's liability to other partners after dissolution.

90 words·~1 min read·/sd/title-48/chapter-48-7/48-7a-806

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(a)Except as otherwise provided in subsection
(b)and § 48 - 7A - 306, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under § 48 - 7A - 804.
(b)A partner who, with knowledge of the dissolution, incurs a partnership liability under subsection 48 - 7A - 804(2) by an act that is not appropriate for winding up the partnership business is liable to the partnership for any damage caused to the partnership arising from the liability.
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