Montana § 35-10-628 Partner's Liability To Other Partners After Dissolution

Montana Statutes

§ 35-10-628 — Partner's Liability To Other Partners After Dissolution

Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 10 PARTNERSHIPS IN GENERAL·Part 6 Dissolution and Winding Up

35-10-628 . Partner's liability to other partners after dissolution.

(1)Except as provided in 35-10-625 (3)(b) and subsection (2) of this section, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under 35-10-626 for which the partner is personally liable under 35-10-307 or 35-10-621 .

(2)A partner who, with knowledge of the winding up, incurs a partnership liability under 35-10-626 (2) by an act that is not appropriate for winding up the partnership business is liable to the partnership for any loss caused to the partnership arising from the liability.

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35-10-628 . Partner's liability to other partners after dissolution. (1) Except as provided in 35-10-625 (3)(b) and subsection (2) of this section, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under 35-10-626 for which the partner is personally liable under 35-10-307 or 35-10-621 .
(2) A partner who, with knowledge of the winding up, incurs a partnership liability under 35-10-626 (2) by an act that is not appropriate for winding up the partnership business is liable to the partnership for any loss caused to the partnership arising from the liability.

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