{"data":{"id":"us-ms/miss.-code-ann.-79-13-703","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 79-13-703","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(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, or a surviving partnership under Article 9, within one (1) year after the partner’s dissociation, only if the partner is liable for the obligation under Section 79-13-306 and at the time of entering into the transaction the other party:\n(1) Reasonably believed that the dissociated partner was then a partner;\n(2) Did not have notice of the partner’s dissociation; and\n(3) Is not deemed to have had knowledge under Section 79-13-303(e) or notice under Section 79-13-704(c).\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(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":["Title 79. Corporations, Associations, and Partnerships","Chapter 13. Uniform Partnership Act (1997)","Article 7. Partner’s Dissociation When Business Not Wound Up."],"source_url":"https://archive.org/download/gov.ms.code.ann.2018/release78.2020.07.08/gov.ms.code.title.79.odt","current_through":"2020-07-08","vintage":"Mississippi Code Release 78 (2020-07), retrieved 2026-09-17","retrieved_at":"2026-10-27T05:54:23Z","sha256":"6b20ed4f253de520012fe7aaba74a9a09a7a5473bd5140ba8460e0412b8e7068","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-79-13-702","next":"us-ms/miss.-code-ann.-79-13-704","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ms","title":"Mississippi Release 78 supplement","text":"Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows.","url":"https://archive.org/details/gov.ms.code.ann.2018"}]},"notice":"GroundRules: Original legal text. Not legal advice."}