South Carolina § 33-41-990 - When partnership is not bound by partner after dissolution.
Full text of South Carolina South Carolina Code of Laws § 33-41-990 — When partnership is not bound by partner after dissolution., with citation guidance and answers to common questions.
§ 33-41-990. When partnership is not bound by partner after dissolution.
The partnership is in no case bound by any act of a partner after dissolution:
(1) When the partnership is dissolved because it is unlawful to carry on the business, unless the act is appropriate for winding up partnership affairs;
(2) When the partner has become bankrupt; or
(3) When the partner has no authority to wind up partnership affairs; Except by a transaction with one who
(a) had extended credit to the partnership prior to the dissolution and had no knowledge or notice of his want of authority or
(b) had not extended credit to the partnership prior to the dissolution and, having no knowledge or notice of the acting partner's want of authority, the fact of such want of authority has not been advertised in the manner provided for advertising the fact of dissolution in item (2)(b) of SECTION 33-41-970.
HISTORY: 1962 Code SECTION 52-69; 1952 Code SECTION 52-69; 1950 (46) 1841.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 33-41-990
What does South Carolina Code of Laws § 33-41-990 cover?
Section 33-41-990 ("When partnership is not bound by partner after dissolution.") 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 § 33-41-990?
A common citation format is "South Carolina Code of Laws § 33-41-990" (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 § 33-41-990 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.