South Dakota § 48-7A-806 - Partner's liability to other partners after dissolution.
Full text of South Dakota South Dakota Codified Laws § 48-7A-806 — Partner's liability to other partners after dissolution., with citation guidance and answers to common questions.
§ 48-7A-806. Partner's liability to other partners after dissolution.
(a) Except as otherwise provided in subsection (b) and § 48-7A-306, after dissolution a partner is liable to the other partners for the partner's share of any partnership liability incurred under § 48-7A-804.
(b) A partner who, with knowledge of the dissolution, incurs a partnership liability under subsection 48-7A-804(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: SL 2001, ch 249, § 806.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 48-7A-806
What does South Dakota Codified Laws § 48-7A-806 cover?
Section 48-7A-806 ("Partner's liability to other partners after dissolution.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. 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 Dakota § 48-7A-806?
A common citation format is "South Dakota Codified Laws § 48-7A-806" (South Dakota). 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 Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 48-7A-806 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota 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 Dakota.