{"data":{"id":"us-hi/haw.-rev.-stat.-425-135","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 425-135","heading":"Dissociated partner's liability to other persons.","body":"(a) A partner's dissociation does not of itself discharge the partner's liability for a partnership obligation incurred before dissociation. A dissociated partner is not liable for a partnership obligation incurred after dissociation, except as otherwise provided in subsection (b).\n\n(b) A partner who dissociates without resulting in a dissolution and winding up of the partnership business is liable as a partner to the other party in a transaction entered into by the partnership within two years after the partner's dissociation, only if the partner is liable for the obligation under section 425-117 and at the time of entering into the transaction the other party:\n\n(1) Reasonably believed that the dissociated partner was then a partner;\n\n(2) Did not have notice of the partner's dissociation; and\n\n(3) Is not deemed to have had knowledge under section 425-114(b) or notice under section 425-136(c).\n\n(c) By agreement with the partnership creditor and the partners continuing the business, a dissociated partner may be released from liability for a partnership obligation.\n\n(d) A dissociated partner is released from liability for a partnership obligation if a partnership creditor, with notice of the partner's dissociation but without the partner's consent, agrees to a material alteration in the nature or time of payment of a partnership obligation.","path":["HI Code","Division 2","Title 23","Chapter 425"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol08_Ch0401-0429/HRS0425/HRS_0425-0135.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"e90fb9a7fc83177936736c1fb32ef5514e1f4881a48f57a0cd5a8a4d09f5264c","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-425-134","next":"us-hi/haw.-rev.-stat.-425-136"},"notice":"GroundRules: Original legal text. Not legal advice."}