Illinois Statutes
§ 705 — Continued use of partnership name
Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 805 BUSINESS ORGANIZATIONS·Act 805 ILCS 206/ Uniform Partnership Act (1997).·Art. Article 7 - Partner's Dissociation When Business Not Wound Up
Continued use of a partnership name, or a dissociated partner's name as part thereof, by partners continuing the business does not of itself make the dissociated partner liable for an obligation of the partners or the partnership continuing the business.
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Legislative History
(Source: P.A. 92-740, eff. 1-1-03.)