Partner's power to bind partnership after dissolution

NMSA 1978, § 54-1A-804 — under Article 1A.

NMSA 1978, § 54-1A-804

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. History: Laws 1996, ch. 53, § 804.