Arkansas § 4-46-806 Partner's liability to other partners after dissolution

Arkansas Statutes

§ 4-46-806 — Partner's liability to other partners after dissolution

Arkansas § 4-46-806

Title4

This text of Arkansas § 4-46-806 (Partner's liability to other partners after dissolution) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 4-46-806 (2026).

Text

(a)Except as otherwise provided in subsection (b) of this section and § 4-46-306 , after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under § 4-46-804 .

(b)A partner who, with knowledge of the dissolution, incurs a partnership liability under § 4-46-804(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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(a) Except as otherwise provided in subsection (b) of this section and § 4-46-306 , after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under § 4-46-804 . (b) A partner who, with knowledge of the dissolution, incurs a partnership liability under § 4-46-804(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.