{"data":{"id":"us-pa/15-pa.c.s.-8666","jurisdiction":"us-pa","citation":"15 Pa.C.S. § 8666","heading":"Power to bind and liability of person dissociated as general partner.","body":"(a) Power to bind.--After a person is dissociated as a general partner and before the limited partnership is merged or divided out of existence, converted or domesticated under Chapter 3 (relating to entity transactions) or dissolved, the partnership is bound by an act of the person only if:\n(1) the act would have bound the partnership under section 8642 (relating to general partner agent of limited partnership) before the dissociation; and\n(2) at the time the other party enters into the transaction:\n(i) less than two years have passed since the dissociation; and\n(ii) the other party does not know or have notice of the dissociation and reasonably believes that the person is a general partner.\n(b) Liability.--If a limited partnership is bound under subsection (a), the person dissociated as a general partner which caused the partnership to be bound is liable:\n(1) to the partnership for any damage caused to the partnership arising from the obligation incurred under subsection (a); and\n(2) if a general partner or another person dissociated as a general partner is liable for the obligation, to the general partner or other person for any damage caused to the general partner or other person arising from the liability.","path":["Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS","PART III PARTNERSHIPS AND LIMITED LIABILITY COMPANIES","CHAPTER 86 LIMITED PARTNERSHIPS","SUBCHAPTER F DISSOCIATION"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=15\u0026div=0\u0026chpt=86\u0026sctn=66\u0026subsctn=0","current_through":"2026-07-28 (Statute Update stamp, 15 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:31:13Z","sha256":"724ed4e4eb88acd8050c7fb996c2305103e94f49b5d9cb2a9e263973768f66a5","source_id":"us-pa","stale":false,"prev":"us-pa/15-pa.c.s.-8665","next":"us-pa/15-pa.c.s.-8667"},"notice":"GroundRules: Original legal text. Not legal advice."}