Va. Code Ann. § 50-73.120
Partner's power to bind partnership after dissolution
Effective Jul 1, 19961996, c. 292.
Subject to § 50-73.121, 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 § 50-73.91 before dissolution, if the other party to the transaction did not have notice of the dissolution.
1996, c. 292.