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323.32 Dissolution terminates agency of partner.

Except so far as may be necessary to wind up partnership affairs or to complete transactions begun but not then finished, dissolution terminates all authority of any partner to act for the partnership,

(1) With respect to the partners;

(a) When the dissolution is not by the act, bankruptcy, or death of a partner; or

(b) When the dissolution is by such act, bankruptcy, or death of a partner, in cases where section 323.33 so requires;

(2) With respect to persons not partners, as declared in section 323.34.

HIST: (7416) 1921 c 487 s 33

* NOTE: This section is repealed by Laws 1997, chapter 174, *article 12, section 68, as amended by Laws 1998, chapter 262, *section 12, effective January 1, 2002.

Official Publication of the State of Minnesota
Revisor of Statutes