Pennsylvania § 8484 - Power to bind partnership after dissolution.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 8484 — Power to bind partnership after dissolution., with citation guidance and answers to common questions.
§ 8484. Power to bind partnership after dissolution.
(a) Power of partner.--A partnership is bound by a partner's act after dissolution which:
(1) is appropriate for winding up the partnership business; or
(2) would have bound the partnership under section 8431 (relating to partner agent of partnership) before dissolution if, at the time the other party enters into the transaction, the other party does not know or have notice of the dissolution.
(b) Power of person dissociated as partner.--A person dissociated as a partner binds a partnership through an act occurring after dissolution if:
(1) at the time the other party enters into the transaction:
(i) less than two years have passed since the dissociation; and
(ii) the other party does not know or have notice of the dissociation and reasonably believes that the person is a partner; and
(2) the act:
(i) is appropriate for winding up the partnership's business; or
(ii) would have bound the partnership under section 8431 before dissolution and the other party does not know or have notice of the dissolution at the time the other party enters into the transaction.
Cross References. Section 8484 is referred to in sections 8482, 8485 of this title.
Frequently Asked Questions About Pennsylvania § 8484
What does Pennsylvania Consolidated Statutes § 8484 cover?
Section 8484 ("Power to bind partnership after dissolution.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. 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 Pennsylvania § 8484?
A common citation format is "Pennsylvania Consolidated Statutes § 8484" (Pennsylvania). 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 Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 8484 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania 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 Pennsylvania.