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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 33-41-980: Satisfying certain liability of partner.

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Where this section sits in the code
  1. Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 41 Uniform Partnership Act
  3. ARTICLE 11 Dissolution or Winding Up

The liability of a partner under item (2) of SECTION 33-41-970 shall be satisfied out of partnership assets alone when such partner had been prior to the dissolution:

(1) Unknown as a partner to the person with whom the contract is made; and

(2) So far unknown and inactive in partnership affairs that the business reputation of the partnership could not be said to have been in any degree due to his connection with it.

Collected 2026-09-02T07:04:24Z. Source file · JSON

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