Tennessee § 61-3-804 - Power to bind partnership after dissolution.
Full text of Tennessee Tennessee Code Annotated § 61-3-804 — Power to bind partnership after dissolution., with citation guidance and answers to common questions.
§ 61-3-804. Power to bind partnership after dissolution.
A limited partnership is bound by a general partner's act after dissolution that: Is appropriate for winding up the limited partnership's activities and affairs; or Would have bound the partnership under § 61-3-402 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. A person dissociated as a general partner binds a limited partnership through an act occurring after dissolution if: At the time the other party enters into the transaction: Less than one (1) year has passed since the dissociation; and The other party does not know or have notice of the dissociation and reasonably believes that the person is a general partner; and The act: Is appropriate for winding up the limited partnership's activities and affairs; or Would have bound the limited partnership under § 61-3-402 before dissolution and at the time the other party enters into the transaction the other party does not know or have notice of the dissolution. Acts 2017, ch. 440, § 1.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 61-3-804
What does Tennessee Code Annotated § 61-3-804 cover?
Section 61-3-804 ("Power to bind partnership after dissolution.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. 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 Tennessee § 61-3-804?
A common citation format is "Tennessee Code Annotated § 61-3-804" (Tennessee). 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 Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 61-3-804 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee 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 Tennessee.