Nevada § 87.4356 Liability of partner to other partners after dissolution

Nevada Statutes

§ 87.4356 — Liability of partner to other partners after dissolution

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 87 Partnerships· Winding Up Partnership Business

1.Except as otherwise provided in subsection 2 and NRS 87.433 , after dissolution a partner is liable to the other partners for the partner’s share of any partnership liability incurred under NRS 87.4354 .

2.A partner who, with knowledge of the dissolution, incurs a partnership liability under subsection 2 of NRS 87.4354 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 NRS 87.433 , after dissolution a partner is liable to the other partners for the partner’s share of any partnership liability incurred under NRS 87.4354 .
2. A partner who, with knowledge of the dissolution, incurs a partnership liability under subsection 2 of NRS 87.4354 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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