N.M. Stat. § 54-1A-804

Current through 2024, ch. 69

Section 54-1A-804 - Partner's power to bind partnership after dissolution

Subject to Section 805 [54-1A-805 NMSA 1978], 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 Section 301 [54-1A-301 NMSA 1978] before dissolution, if the other party to the transaction did not have notice of the dissolution.

NMS § 54-1A-804

Laws 1996, ch. 53, § 804.