Maine Statutes
§ 31 §1395 — Liability after dissolution of general partner and person dissociated as general partner to limited partnership, other general partners and persons dissociated as general partner
Maine § 31 §1395
This text of Maine § 31 §1395 (Liability after dissolution of general partner and person dissociated as general partner to limited partnership, other general partners and persons dissociated as general partner) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Me. Rev. Stat. tit. 31, § 31 §1395 (2026).
Text
1.General partner liable for inappropriate act after dissolution.
If a general partner having knowledge of the dissolution causes a limited partnership to incur an obligation under section 1394, subsection 1 by an act that is not appropriate for winding up the partnership's activities, the general partner is liable:
2.Dissociated general partner liable for incurring obligation.
If a person dissociated as a general partner causes a limited partnership to incur an obligation under section 1394, subsection 2, the person is liable:
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Legislative History
PL 2005, c. 543, §C2 (NEW).
Nearby Sections
15
§ 31 §1301
Short title§ 31 §1302
Definitions§ 31 §1303
Knowledge and notice§ 31 §1304
Nature, purpose and duration of entity§ 31 §1305
Powers§ 31 §1306
Governing law§ 31 §1308
Limited partnership name; assumed name§ 31 §1311
Required information§ 31 §1313
Dual capacity§ 31 §1314
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Bluebook (online)
Maine § 31 §1395, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/31%20%C2%A71395.