Statutes > Arkansas Statutes > Title 4 - Business and Commercial Law > Subtitle 4 - Partnerships > Chapter 46 - Uniform Partnership Act (1996) > Subchapter 8 - Winding Up Partnership Business > § 4-46-806 - Partner's liability to other partners after dissolution.

§ 4-46-806 - Partner's liability to other partners after dissolution.

4-46-806. Partner's liability to other partners after dissolution.

(a) Except as otherwise provided in subsection (b) of this section and 4-46-306, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under 4-46-804.

(b) A partner who, with knowledge of the dissolution, incurs a partnership liability under 4-46-804(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.