Iowa § 486A.806 Partner’s liability to other partners after dissolution

Iowa Statutes

§ 486A.806 — Partner’s liability to other partners after dissolution

Iowa § 486A.806

Title XIIBUSINESS ENTITIES

Ch. 486AUNIFORM PARTNERSHIP ACT

This text of Iowa § 486A.806 (Partner’s liability to other partners after dissolution) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 486A.806 (2026).

Text

1.Except as otherwise provided in subsection 2 and section 486A.306, after dissolution a partner is liable to the other partners for the partner’s share of any partnership liability incurred under section 486A.804.

2.A partner who, with knowledge of the dissolution, incurs a partnership liability under section 486A.804, subsection 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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1. Except as otherwise provided in subsection 2 and section 486A.306, after dissolution
a partner is liable to the other partners for the partner’s share of any partnership liability
incurred under section 486A.804.
2. A partner who, with knowledge of the dissolution, incurs a partnership liability
under section 486A.804, subsection 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.