Dissociated partner’s liability to other persons.
Miss. Code Ann. § 79-13-703
in effectA partner’s dissociation does not of itself discharge the partner’s liability for a partnership obligation incurred before dissociation. A dissociated partner is not liable for a partnership obligation incurred after dissociation, except as otherwise provided in subsection (b).
A partner who dissociates without resulting in a dissolution and winding up of the partnership business is liable as a partner to the other party in a transaction entered into by the partnership, or a surviving partnership under Article 9, within one (1) year after the partner’s dissociation, only if the partner is liable for the obligation under Section 79-13-306 and at the time of entering into the transaction the other party:
Reasonably believed that the dissociated partner was then a partner; Did not have notice of the partner’s dissociation; and Is not deemed to have had knowledge under Section 79-13-303(e) or notice under Section 79-13-704(c).
By agreement with the partnership creditor and the partners continuing the business, a dissociated partner may be released from liability for a partnership obligation.
A dissociated partner is released from liability for a partnership obligation if a partnership creditor, with notice of the partner’s dissociation but without the partner’s consent, agrees to a material alteration in the nature or time of payment of a partnership obligation.
Source: Public.Resource.Org MS CodeURL: https://unicourt.github.io/cic-code-ms/transforms/ms/ocms/r78/gov.ms.code.title.79.htmlFetched: 10/18/2026