Except so far as may be necessary to wind up partnership affairs or to complete transactions begun but not then finished, dissolution terminates all authority of any partner to act for the partnership: (1) With respect to the partners (a) when the dissolution is not by the act, bankruptcy or death of a partner or (b) when the dissolution is by such act, bankruptcy or death of a partner when SECTION 33-41-960 so requires; and (2) With respect to persons not partners, as declared in SECTIONS 33-41-970 and 33-41-990.
‹ Prev All South Carolina sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.