Montana § 35-12-1211 Power Of General Partner And Person Dissociated As General Partner To Bind Partnership After Dissolution

Montana Statutes

§ 35-12-1211 — Power Of General Partner And Person Dissociated As General Partner To Bind Partnership After Dissolution

Montana § 35-12-1211

Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Ch. 12LIMITED PARTNERSHIPS

Part 12Dissolution

This text of Montana § 35-12-1211 (Power Of General Partner And Person Dissociated As General Partner To Bind Partnership After Dissolution) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 35-12-1211 (2026).

Text

35-12-1211 . Power of general partner and person dissociated as general partner to bind partnership after dissolution.

(1)A limited partnership is bound by a general partner's act after dissolution that:

(a)is appropriate for winding up the limited partnership's activities; or

(b)would have bound the limited partnership under 35-12-806 before dissolution if, at the time the other party enters into the transaction, the other party does not have notice of the dissolution.

(2)A person dissociated as a general partner binds a limited partnership through an act occurring after dissolution if:

(a)at the time the other party enters into the transaction:

(i)less than 2 years has passed since the dissociation; and

(ii)the other party does not have notice of the dissociation and reasonably be

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35-12-1211 . Power of general partner and person dissociated as general partner to bind partnership after dissolution. (1) A limited partnership is bound by a general partner's act after dissolution that:
(a) is appropriate for winding up the limited partnership's activities; or
(b) would have bound the limited partnership under 35-12-806 before dissolution if, at the time the other party enters into the transaction, the other party does not have notice of the dissolution.
(2) A person dissociated as a general partner binds a limited partnership through an act occurring after dissolution if:
(a) at the time the other party enters into the transaction:
(i) less than 2 years has passed since the dissociation; and
(ii) the other party does not have notice of the dissociation and reasonably believes that the person is a general partner; and
(b) the act:
(i) is appropriate for winding up the limited partnership's activities; or
(ii) would have bound the limited partnership under 35-12-806 before dissolution and at the time the other party enters into the transaction the other party does not have notice of the dissolution.