Indiana § 23-4-1-34 - Right of partner to contribution from copartners after dissolution
Full text of Indiana Indiana Code § 23-4-1-34 — Right of partner to contribution from copartners after dissolution, with citation guidance and answers to common questions.
§ 23-4-1-34. Right of partner to contribution from copartners after dissolution
Sec. 34. Where the dissolution is caused by the act, death or bankruptcy of a partner, each partner is liable to his copartners for his share of any liability created by any partner acting for the partnership as if the partnership had not been dissolved except in the case of one (1) of the following:
(a) The dissolution being by act of any partner, the partner acting for the partnership had knowledge of the dissolution.
(b) 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.
(c) The liability is for a debt, an obligation, or a liability for which the partner is not liable as provided in section 15(2) of this chapter.
Formerly: Acts 1949, c.114, s.34. As amended by P.L.230-1995, SEC.6.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 23-4-1-34
What does Indiana Code § 23-4-1-34 cover?
Section 23-4-1-34 ("Right of partner to contribution from copartners after dissolution") 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 § 23-4-1-34?
A common citation format is "Indiana Code § 23-4-1-34" (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 § 23-4-1-34 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.