Indiana § 23-4-1-33 - General effect of dissolution on authority of partner
Full text of Indiana Indiana Code § 23-4-1-33 — General effect of dissolution on authority of partner, with citation guidance and answers to common questions.
§ 23-4-1-33. General effect of dissolution on authority of partner
Sec. 33. 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 34 of this chapter so requires.
(2) With respect to persons not partners, as declared in section 35 of this chapter.
Formerly: Acts 1949, c.114, s.33. As amended by P.L.34-1987, SEC.301.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 23-4-1-33
What does Indiana Code § 23-4-1-33 cover?
Section 23-4-1-33 ("General effect of dissolution on authority of partner") is part of the Indiana Code, the codified statutory law of Indiana. 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 Indiana § 23-4-1-33?
A common citation format is "Indiana Code § 23-4-1-33" (Indiana). 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 Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 23-4-1-33 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana 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 Indiana.