Liability after dissolution of partner and person dissociated as partner.
R.I. Gen. Laws § 7-12.1-805
in effect7-12.1-805. Liability after dissolution of partner and person dissociated as partner.
(a) If a partner having knowledge of the dissolution causes a partnership to incur an
obligation under § 7-12.1-804(a) by an act that is not appropriate for winding up the partnership business, the partner
is liable:
(1) To the partnership for any damage caused to the partnership arising from the obligation;
and
(2) If another partner or person dissociated as a partner is liable for the obligation,
to that other partner or person for any damage caused to that other partner or person
arising from the liability.
(b) Except as otherwise provided in subsection (c) of this section, if a person dissociated
as a partner causes a partnership to incur an obligation under § 7-12.1-804(b), the person is liable:
(1) To the partnership for any damage caused to the partnership arising from the obligation;
and
(2) If a partner or another person dissociated as a partner is liable for the obligation,
to the partner or other person for any damage caused to the partner or other person
arising from the obligation.
(c) A person dissociated as a partner is not liable under subsection (b) of this section
if:
(1) Section 7-12.1-802(c) permits the person to participate in winding up; and
(2) The act that causes the partnership to be bound under § 7-12.1-804(b) is appropriate for winding up the partnership’s business.
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/TITLE7/7-12.1/7-8/7-12.1-805.htmFetched: 10/20/2026