362.315 Right of partner to contribution from co -partners after dissolution. Where the dissolution is caused by the act, death or bankruptcy of a partner, each partner is liable to his co -partners for his share of any liability created by any partner acting for the partnership as if the partnership had not been dissolved unless: (1) The dissolution being by act of any partner, the partner, acting for the partnership had knowledge of the dissolution; (2) The dissolution being by the death or bankruptcy of a partner, the partner acting for the partnership had knowledge or notice of th e death or bankruptcy; or (3) The liability arises from a debt, obligation, or liability for which the partner is not liable as provided in KRS 362.220(2). Effective: June 26, 2007 History: Repeal the prior repeal contained in 2006 Ky. Acts ch. 149, sec. 2 39, which was to have been effective January 1, 2008, 2007 Ky. Acts ch. 137, sec. 180, effective June 26, 2007. -- Repealed 2006 Ky. Acts ch. 149, sec. 239, effective January 1, 2008. -- Amended 1994 Ky. Acts ch. 389, sec. 99, effective July 15, 1994. -- Created 1954 Ky. Acts ch. 38, sec. 34, effective June 17, 1954.
Kentucky Legal Code