{"data":{"id":"us-ne/neb.-rev.-stat.-67-436","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 67-436","heading":"Neb. Rev. Stat. § 67-436","body":"(1) 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 (2) of this section.\n\n(2) 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 sections 67-446 to 67-453 , within two years after the partner's dissociation, only if the partner is liable for the obligation under section 67-418 and at the time of entering into the transaction the other party:\n\n(a) Reasonably believed that the dissociated partner was then a partner;\n\n(b) Did not have notice of the partner's dissociation; and\n\n(c) Is not deemed to have had knowledge under subsection (5) of section 67-415 or notice under subsection (3) of section 67-437 .\n\n(3) 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(4) 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":["NE Code","Chapter 67"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=67-436","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"0d12b2f8b4b6c404aebd54f721c89d97bfe7b350563d0de4b71f5de33f04b597","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-67-435","next":"us-ne/neb.-rev.-stat.-67-437"},"notice":"GroundRules: Original legal text. Not legal advice."}