Florida Statutes 620.8804 – Partner’s power to bind partnership after dissolution
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 620.8804
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Subject to s. 620.8805, a partnership is bound by a partner’s act after dissolution which:
(1) Is appropriate for winding up the partnership business; or
(2) Would have bound the partnership under s. 620.8301 before dissolution if any other party to the transaction did not have notice of the dissolution.