South Dakota Statutes
§ 48-7A-806 — Partner's liability to other partners after dissolution.
South Dakota § 48-7A-806
This text of South Dakota § 48-7A-806 (Partner's liability to other partners after dissolution.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 48-7A-806 (2026).
Text
(a)Except as otherwise provided in subsection (b) and § 48 - 7A - 306, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under § 48 - 7A - 804.
(b)A partner who, with knowledge of the dissolution, incurs a partnership liability under subsection 48 - 7A - 804(2) 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.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
SL 2001, ch 249, § 806.
Nearby Sections
15
§ 48-7-1001
Right of action.§ 48-7-1002
Proper plaintiff.§ 48-7-1003
Pleading.§ 48-7-1004
Expenses.§ 48-7-101
Definitions.§ 48-7-102
Name.§ 48-7-103
Reservation of name.§ 48-7-104
Specified office and agent.§ 48-7-105
Records to be kept.§ 48-7-106
Nature of business.§ 48-7-1101
Construction and application.§ 48-7-1102
Short title.§ 48-7-1103
Severability.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 48-7A-806, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/48-7A-806.