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The Florida Senate

1998 Florida Statutes

SECTION 725
Right of partner to contribution from copartners after dissolution.

1620.725  Right of partner to contribution from copartners after dissolution.--When the dissolution is caused by the act, death, or bankruptcy of a partner, each partner is liable to the copartners for his or her share of any liability created by a partner acting for the partnership as if the partnership had not been dissolved unless:

(1)  The dissolution being by act of a partner, the partner acting for the partnership had knowledge of the dissolution, or

(2)  The dissolution being by the death or bankruptcy of a partner, the partner acting for the partnership had knowledge or notice of the death or bankruptcy.

History.--s. 34, ch. 72-108; s. 25, ch. 95-242; s. 158, ch. 97-102.

1Note.--Repealed effective January 1, 1998, by s. 25, ch. 95-242.