A limited partnership shall be bound by a general partner’s act after dissolution which: Is appropriate for winding up the limited partnership’s activities and affairs; or Would have bound the limited partnership under § 29-704.02 before dissolution, if, at the time the other party enters into the transaction, the other party does not have notice or knowledge of the dissolution. A person dissociated as a general partner shall bind a limited partnership through an act occurring after dissolution if: At the time the other party enters into the transaction: Less than 2 years has passed since the dissociation; and The other party does not have notice of the dissociation and reasonably believes that the person is a general partner; and The act: Is appropriate for winding up the limited partnership’s activities; or Would have bound the limited partnership under § 29-704.02 before dissolution and at the time the other party enters into the transaction the other party does not have notice or knowledge of the dissolution.
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