HRS §425E-804
When a partnership is bound by a general partner's actions after it dissolves
After a limited partnership dissolves, it is still bound by a general partner's actions if those actions help wrap up the business, or if the other person did not know about the dissolution. A former general partner can also bind the partnership within two years of leaving, if the other person did not know and reasonably believed they were still a partner.
businesses
The statute, as written — Power of general partner and person dissociated as general partner to bind partnership after dissolution
(a) A limited partnership shall be bound by a general partner's act after dissolution that: (1) Is appropriate for winding up the limited partnership's activities; or (2) Would have bound the limited partnership under section 425E-402 before dissolution, if, at the time the other party enters into the transaction, the other party does not have notice of the dissolution. (b) A person dissociated as a general partner binds a limited partnership through an act occurring after dissolution if: (1) At the time the other party enters into the transaction: (A) Less than two years has passed since the dissociation; and (B) The other party does not have notice of the dissociation and reasonably believes that the person is a general partner; and (2) The act: (A) Is appropriate for winding up the limited partnership's activities; or (B) Would have bound the limited partnership under section 425E-402 before dissolution and at the time the other party enters into the transaction the other party does not have notice of the dissolution.
Sections this one refers to
§425E-402 General partner acts for the limited partnership
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