362.1 -806 Partner's liability to other partners after dissolution. (1) Except as otherwise provided in subsection (2) of this section and KRS 362.1 -306, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under KRS 362.1 -804. (2) A partner who, with knowled ge of the dissolution, incurs a partnership liability under KRS 362.1 -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. Effecti ve: July 12, 2006 History: Created 2006 Ky. Acts ch. 149, sec. 59, effective July 12, 2006.
Kentucky Legal Code