Va. Code Ann. § 50-73.122 – Partner's liability to other partners after dissolution | Midpage
§ 50-73.122
Va. Code Ann. § 50-73.122
Partner's liability to other partners after dissolution
Effective Jul 1, 19961996, c. 292.
A. Except as otherwise provided in subsection B of this section or in subsection C of § 50-73.96, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under § 50-73.120.
B. A partner who, with knowledge of the dissolution, causes the partnership to incur a liability under subdivision 2 of § 50-73.120 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.