South Carolina § 33-41-980 - Satisfying certain liability of partner.
Full text of South Carolina South Carolina Code of Laws § 33-41-980 — Satisfying certain liability of partner., with citation guidance and answers to common questions.
§ 33-41-980. Satisfying certain liability of partner.
The liability of a partner under item (2) of SECTION 33-41-970 shall be satisfied out of partnership assets alone when such partner had been prior to the dissolution:
(1) Unknown as a partner to the person with whom the contract is made; and
(2) So far unknown and inactive in partnership affairs that the business reputation of the partnership could not be said to have been in any degree due to his connection with it.
HISTORY: 1962 Code SECTION 52-68; 1952 Code SECTION 52-68; 1950 (46) 1841.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 33-41-980
What does South Carolina Code of Laws § 33-41-980 cover?
Section 33-41-980 ("Satisfying certain liability of partner.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. 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 South Carolina § 33-41-980?
A common citation format is "South Carolina Code of Laws § 33-41-980" (South Carolina). 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 South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 33-41-980 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina 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 South Carolina.