Montana § 35-12-1212 - Liability After Dissolution Of General Partner And Person Dissociated As General Partner To Limited Partnership, Other General Partners, And Person Dissociated As General Partner
Full text of Montana Montana Code Annotated § 35-12-1212 — Liability After Dissolution Of General Partner And Person Dissociated As General Partner To Limited Partnership, Other General Partners, And Person Dissociated As General Partner, with citation guidance and answers to common questions.
§ 35-12-1212. Liability After Dissolution Of General Partner And Person Dissociated As General Partner To Limited Partnership, Other General Partners, And Person Dissociated As General Partner
Liability after dissolution of general partner and person dissociated as general partner to limited partnership, other general partners, and person dissociated as general partner. (1) If a general partner having knowledge of the dissolution causes a limited partnership to incur an obligation under 35-12-1211 (1) by an act that is not appropriate for winding up the partnership's activities, the general partner is liable: (a) to the limited partnership for any damage caused to the limited partnership arising from the obligation; and (b) if another general partner or a person dissociated as a general partner is liable for the obligation, to that other general partner or person for any damage caused to that other general partner or person arising from the liability. (2) If a person dissociated as a general partner causes a limited partnership to incur an obligation under 35-12-1211 (2), the person is liable: (a) to the limited partnership for any damage caused to the limited partnership arising from the obligation; and (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 Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 35-12-1212
What does Montana Code Annotated § 35-12-1212 cover?
Section 35-12-1212 ("Liability After Dissolution Of General Partner And Person Dissociated As General Partner To Limited Partnership, Other General Partners, And Person Dissociated As General Partner") is part of the Montana Code Annotated, the codified statutory law of Montana. 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 Montana § 35-12-1212?
A common citation format is "Montana Code Annotated § 35-12-1212" (Montana). 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 Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 35-12-1212 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana 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 Montana.