Partnerships

ORS 67.305
Partner’s power to bind partnership after dissolution


A partnership is bound by a partner’s act after dissolution that:

(1)

Is appropriate for winding up the partnership business; or

(2)

Would have bound the partnership under ORS 67.090 (Partner agent of partnership) before dissolution, if:

(a)

The other party to the transaction did not have notice of the dissolution; and

(b)

The dissolution had not been advertised in a newspaper of general circulation in the place, or in each place if more than one, at which the partnership business is regularly carried on. [1997 c.775 §37]

Source

Last accessed
Jun. 26, 2021