District Of Columbia § 29-607.02 - Dissociated partner’s power to bind and liability to partnership.
Full text of District Of Columbia D.C. Code § 29-607.02 — Dissociated partner’s power to bind and liability to partnership., with citation guidance and answers to common questions.
§ 29-607.02. Dissociated partner’s power to bind and liability to partnership.
29-607.02For 2 years after a partner dissociates without resulting in a dissolution and winding up of the partnership business, the partnership, including a surviving partnership under , shall be bound by an act of the dissociated partner which would have bound the partnership under before dissociation only if 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 or notice under .
A dissociated partner shall be liable to the partnership for any damage caused to the partnership arising from a debt, obligation, or other liability incurred by the dissociated partner after dissociation for which the partnership is liable under subsection (a) of this section.
Annotations
Application of Law 19-210: Section 7 of provided that the act shall apply as of January 1, 2012.
Uniform Law: This section is based on § 702 of the Uniform Partnership Act (1997 Act).
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 29-607.02
What does D.C. Code § 29-607.02 cover?
Section 29-607.02 ("Dissociated partner’s power to bind and liability to partnership.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 29-607.02?
A common citation format is "D.C. Code § 29-607.02" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 29-607.02 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.