Effect of dissociation.
R.I. Gen. Laws § 7-12.1-603
in effect7-12.1-603. Effect of dissociation.
(a) If a person’s dissociation results in a dissolution and winding up of the partnership
business, Article 8 of this chapter applies; otherwise, Article 7 of this chapter
applies.
(b) If a person is dissociated as a partner:
(1) The person’s right to participate in the management and conduct of the partnership’s
business terminates, except as otherwise provided in § 7-12.1-802(c); and
(2) The person’s duties and obligations under § 7-12.1-409 end with regard to matters arising and events occurring after the person’s dissociation,
except to the extent the partner participates in winding up the partnership’s business
pursuant to § 7-12.1-802.
(c) A person’s dissociation does not of itself discharge the person from any debt, obligation,
or other liability to the partnership or the other partners which the person incurred
while a partner.
P.L. 2022, ch. 123, § 2, effective January 1, 2023; P.L. 2022, ch. 124, § 2, effective
January 1, 2023.
Source: State of Rhode Island General Assembly (rilegislature.gov)URL: https://webserver.rilegislature.gov/Statutes/TITLE7/7-12.1/7-6/7-12.1-603.htmFetched: 10/20/2026