Liability after dissolution of general partner and person dissociated as general partner.
R.I. Gen. Laws § 7-13.1-805
in effect7-13.1-805. Liability after dissolution of general partner and person dissociated as general partner.
(a) If a general partner having knowledge of the dissolution causes a limited partnership
to incur an obligation under § 7-13.1-804(a) by an act that is not appropriate for winding up the partnership’s activities and
affairs, the general partner is liable:
(1) To the partnership for any damage caused to the partnership arising from the obligation;
and
(2) If another general partner or a person dissociated as a general partner is liable
for the obligation, to that other general partner or person for any damage caused
to that other general partner or person arising from the liability.
(b) If a person dissociated as a general partner causes a limited partnership to incur
an obligation under § 7-13.1-804(b), the person is liable:
(1) To the partnership for any damage caused to the partnership arising from the obligation;
and
(2) If a general partner or another person dissociated as a general partner is liable
for the obligation, to the general partner or other person for any damage caused to
the general partner or other person arising from the obligation.
P.L. 2022, ch. 121, § 2, effective January 1, 2023; P.L. 2022, ch. 122, § 2, effective
January 1, 2023.
Source: State of Rhode Island General Assembly (rilegislature.gov)URL: https://webserver.rilegislature.gov/Statutes/TITLE7/7-13.1/7-8/7-13.1-805.htmFetched: 10/20/2026