Maine § 1086. - Partner's liability to other partners after dissolution

Full text of Maine Maine Revised Statutes § 1086. — Partner's liability to other partners after dissolution, with citation guidance and answers to common questions.

§ 1086.. Partner's liability to other partners after dissolution

1.  Liable for partner's share.  Except as otherwise provided in subsection 2 and section 1034, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under section 1084.

2.  Liability for inappropriate act.  A partner who, with knowledge of the dissolution, incurs a partnership liability under section 1084, subsection 2 by an act that is not appropriate for winding up the partnership business is liable to the partnership for any damage caused to the partnership arising from the liability.

Source: official Maine text · Last verified 2026-08-27

Frequently Asked Questions About Maine § 1086.

What does Maine Revised Statutes § 1086. cover?

Section 1086. ("Partner's liability to other partners after dissolution") is part of the Maine Revised Statutes, the codified statutory law of Maine. 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 Maine § 1086.?

A common citation format is "Maine Revised Statutes § 1086." (Maine). 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 Maine law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.

How does Maine § 1086. apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine 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 Maine.