Tennessee § 61-3-805 - Liability after dissolution of general partner and person dissociated as general partner.
Full text of Tennessee Tennessee Code Annotated § 61-3-805 — Liability after dissolution of general partner and person dissociated as general partner., with citation guidance and answers to common questions.
§ 61-3-805. Liability after dissolution of general partner and person dissociated as general partner.
If a general partner having knowledge of the dissolution causes a limited partnership to incur an obligation under § 61-3-804(a) by an act that is not appropriate for winding up the limited partnership's activities and affairs, the general partner is liable: To the limited partnership for any damage caused to the limited partnership arising from the obligation; and If another general partner or a person dissociated as a general partner is liable for the obligation, to that other general partner or person for any damage caused to that other general partner or person arising from the liability. If a person dissociated as a general partner causes a limited partnership to incur an obligation under § 61-3-804(b), the person is liable: To the limited partnership for any damage caused to the limited partnership arising from the obligation; and If a general partner or another person dissociated as a general partner is liable for the obligation, to the general partner or other person for any damage caused to the general partner or other person arising from the obligation. Acts 2017, ch. 440, § 1.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 61-3-805
What does Tennessee Code Annotated § 61-3-805 cover?
Section 61-3-805 ("Liability after dissolution of general partner and person dissociated as general partner.") 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 § 61-3-805?
A common citation format is "Tennessee Code Annotated § 61-3-805" (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 § 61-3-805 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.