{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/50-73.122.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/50-73.122.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/50-73.122.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/50-73.122.html"}],"law_id":63810,"edition_id":1,"section_id":63810,"structure_id":14608,"section_number":"50-73.122","catch_line":"Partner’s liability to other partners after dissolution","history":"1996, c. 292.","full_text":"A\n\nExcept 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\n\nA 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.","order_by":null,"text":{"0":{"id":232494,"text":"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.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":232495,"text":"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.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":14608,"edition_id":1,"name":"Winding up Partnership Business","identifier":"8","label":"article","depth":3,"order_by":1,"parent_id":12958,"metadata":{},"date_created":"2026-06-26 03:48:52","date_modified":"2026-06-26 03:48:52","permalink":{"id":234889,"object_type":"structure","relational_id":14608,"identifier":"8","token":"50\/2.2\/8","url":"\/50\/2.2\/8\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12958,"edition_id":1,"name":"Virginia Uniform Partnership Act","identifier":"2.2","label":"chapter","depth":2,"order_by":1,"parent_id":12957,"metadata":{},"date_created":"2026-06-26 03:44:04","date_modified":"2026-06-26 03:44:04","permalink":{"id":234691,"object_type":"structure","relational_id":12958,"identifier":"2.2","token":"50\/2.2","url":"\/50\/2.2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12957,"edition_id":1,"name":"Partnerships","identifier":"50","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:04","date_modified":"2026-06-26 03:44:04","permalink":{"id":234229,"object_type":"structure","relational_id":12957,"identifier":"50","token":"50","url":"\/50\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":56128,"structure_id":14608,"section_number":"50-73.117","catch_line":"Events causing dissolution and winding up of partnership business","url":"\/50-73.117\/","token":"50\/2.2\/8\/50-73.117","metadata":false},{"id":78826,"structure_id":14608,"section_number":"50-73.118","catch_line":"Partnership continues after 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partners","url":"\/50-73.123\/","token":"50\/2.2\/8\/50-73.123","metadata":false}],"previous_section":{"id":61925,"structure_id":14608,"section_number":"50-73.121","catch_line":"Statement of dissolution","url":"\/50-73.121\/","token":"50\/2.2\/8\/50-73.121","metadata":false},"next_section":{"id":78618,"structure_id":14608,"section_number":"50-73.123","catch_line":"Settlement of accounts and contributions among partners","url":"\/50-73.123\/","token":"50\/2.2\/8\/50-73.123","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/50-73.122\/","history_text":"

This law was first created in 1996. The record of its establishment is cataloged in chapter 292<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":[{"id":76746,"section_number":"50-73.120","catch_line":"Partner's power to bind partnership after dissolution","order_by":null,"url":"\/50-73.120\/"},{"id":78386,"section_number":"50-73.96","catch_line":"Partner's liability","order_by":null,"url":"\/50-73.96\/"}],"permalink":{"id":234911,"object_type":"law","relational_id":63810,"identifier":"50-73.122","token":"50\/2.2\/8\/50-73.122","url":"\/50-73.122\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/50-73.122\/","token":"50\/2.2\/8\/50-73.122","dublin_core":{"Title":"Partner’s liability to other partners after dissolution","Type":"Text","Format":"text\/html","Identifier":"\u00a7 50-73.122","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Except as otherwise provided in subsection B of this section or in subsection C of § 50-73.96<\/a>, after dissolution a partner is liable to the other partners for the partner’s share of any partnership<\/span> liability incurred under § 50-73.120<\/a>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> A partner who, with knowledge of the dissolution, causes the partnership<\/span> to incur a liability under subdivision 2 of § 50-73.120<\/a> by an act that is not appropriate for winding up the partnership<\/span> business<\/span> is liable to the partnership<\/span> for any damage caused to the partnership<\/span> arising from the liability. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPARTNER’S LIABILITY TO OTHER PARTNERS AFTER DISSOLUTION (\u00a7 50-73.122)\n\nA. Except as otherwise provided in subsection B of this section or in subsection\nC of § 50-73.96, after dissolution a partner is liable to the other\npartners for the partner’s share of any partnership liability incurred\nunder § 50-73.120.\n\nB. A partner who, with knowledge of the dissolution, causes the partnership to\nincur a liability under subdivision 2 of § 50-73.120 by an act that is not\nappropriate for winding up the partnership business is liable to the partnership\nfor any damage caused to the partnership arising from the liability.\n\nHISTORY: 1996, c. 292.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}