An act of a person that immediately before a merger became effective was a general partner in a constituent limited partnership shall bind the surviving limited partnership after the merger becomes effective if: Before the merger became effective, the act would have bound the constituent limited partnership under § 29-704.02 ; and At the time the third party enters into the transaction, the third party: Does not have notice of the merger; and Reasonably believes that the surviving business is the constituent limited partnership and that the person is a general partner in the constituent limited partnership. An act of a person that before a merger became effective was dissociated as a general partner from a constituent limited partnership shall bind the surviving limited partnership after the merger becomes effective if: Before the merger became effective, the act would have bound the constituent limited partnership under § 29-704.02 if the person had been a general partner; and At the time the third party enters into the transaction, less than 2 years have passed since the person dissociated as a general partner and the third party: Does not have notice of the dissociation; Does not have notice of the merger; and Reasonably believes that the surviving limited partnership is the constituent limited partnership and that the person is a general partner in the constituent limited partnership. If a person having knowledge of the merger causes a surviving limited partnership to incur an obligation under subsection (a) or (b) of this section, the person shall be liable: To the surviving limited partnership for any damage caused to the surviving limited partnership arising from the obligation; and If another person is liable for the obligation, to that other person for any damage caused to that other person arising from that liability.
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