                                 CODE OF VIRGINIA

PARTNER&#8217;S LIABILITY TO OTHER PARTNERS AFTER DISSOLUTION (§ 50-73.122)

A. Except as otherwise provided in subsection B of this section or in subsection
C of &#xA7; 50-73.96, after dissolution a partner is liable to the other
partners for the partner&#8217;s share of any partnership liability incurred
under &#xA7; 50-73.120.

B. A partner who, with knowledge of the dissolution, causes the partnership to
incur a liability under subdivision 2 of &#xA7; 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.

HISTORY: 1996, c. 292.