Florida § 620.1606 - Power to bind and liability to limited partnership before dissolution of partnership of person dissociated as general partner.
Full text of Florida Florida Statutes § 620.1606 — Power to bind and liability to limited partnership before dissolution of partnership of person dissociated as general partner., with citation guidance and answers to common questions.
§ 620.1606. Power to bind and liability to limited partnership before dissolution of partnership of person dissociated as general partner.
(1) After a person is dissociated as a general partner and before the limited partnership is dissolved, converted under s. 620.2102, or merged out of existence under s. 620.2106, the limited partnership is bound by an act of the person only if: (a) The act would have bound the limited partnership under s. 620.1402 before the dissociation. (b) At the time the other party enters into the transaction: 1. Less than 2 years have passed since the dissociation. 2. The other party does not have notice of the dissociation and reasonably believes that the person is a general partner. (2) If a limited partnership is bound under subsection (1), the person dissociated as a general partner which caused the limited partnership to be bound is liable: (a) To the limited partnership for any damage caused to the limited partnership arising from the obligation incurred under subsection (1). (b) If a general partner or another person dissociated as a general partner is liable for the obligation, to the general partner or other person for any damage caused to the general partner or other person arising from the liability.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 620.1606
What does Florida Statutes § 620.1606 cover?
Section 620.1606 ("Power to bind and liability to limited partnership before dissolution of partnership of person dissociated as general partner.") is part of the Florida Statutes, the codified statutory law of Florida. 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 Florida § 620.1606?
A common citation format is "Florida Statutes § 620.1606" (Florida). 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 Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 620.1606 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida 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 Florida.